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.