Oxford County and Afro-Carribbean Business Network break ground on new affordable housing development

Oxford County and the Afro-Caribbean Business Network officially broke ground today on a new affordable housing development at 175 Springbank Avenue North in Woodstock. 

Members of the Afro-Caribbean Business Network, project partners and Oxford County gathered to mark the start of construction on the 45-unit residential apartment building, which will include 23 affordable housing units dedicated to supporting seniors, single women, and women with children.

The development represents another step forward in addressing local housing needs and increasing access to safe, affordable housing options across Oxford County.

Oxford County Warden Marcus Ryan, City of Woodstock and Oxford County Councillor Jerry Acchione, and Afro-Caribbean Business Network Executive Director Ryan Knight spoke of the needed investment in the community and highlighted the importance of continued collaboration to address housing challenges.

Occupancy is anticipated to begin in Spring/Summer 2028.

Comment 

Marcus Ryan, Warden, Oxford County

“This project reflects the power of partnership and a shared commitment to ensuring more people in our community have access to affordable housing. By working together with the Afro-Caribbean Business Network, we are helping create housing opportunities for residents who need them most.”

Background 

• This project at 175 Springbank Avenue in Woodstock consists of a 45‑unit residential apartment building that includes 23 affordable units dedicated to supporting seniors, single women, and women with children.
• Oxford County is supporting the project through the provision of shovel‑ready land, a $1.2‑million capital contribution, and development charge exemptions.
• Joint funding for the project of $1.11 million is being contributed from the Ontario Community Housing Initiative (COCHI) and the Ontario 
• Priorities Housing Initiative (OPHI) funds to support 11 of the 23 affordable units 
• This project aligns with Oxford County’s 10-Year Shelter Plan ("Housing for all" plan) and the Master Housing Strategy.