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Niagara Regional Housing Keeping Surplus Funds

March 29, 2019

By: Marcie Culbert

A surplus of $1.2 million will benefit housing in Niagara.

Usually the Region would move this kind of money into a tax relief reserve fund for a rainy day.

But at the council meeting last night, Mayor Walter Sendzik made a motion for Niagara Regional Housing to keep the cash for new housing, social housing and community service housing initiatives.

Council voted in favour 23-4.