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ARTICLE · 28 SEPTEMBER 2017

October 16, 2017 Deadline To Submit Applications For Community Hub Surplus Property Transition Initiative

Miller Thomson
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The Province of Ontario recently announced a Surplus Property Transition Initiative (the "Initiative"), aimed at addressing barriers to the development of community hubs.

CanadaReal Estate and Construction
Karima Kanani
Karima Kanani
Meg Spevak
Meg Spevak
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The Province of Ontario recently announced a Surplus Property Transition Initiative  (the "Initiative"), aimed at addressing barriers to the development of community hubs. The Initiative builds upon the recommendations identified in the Province's Community Hubs in Ontario: A Strategic Framework & Action Plan.

The Initiative applies to properties owned by public hospitals, school boards and the Province that are no longer in use, have been deemed surplus or may potentially be deemed surplus in the near future. These properties may be placed "on hold" – meaning that the property continues to be held in public ownership – for up to 18 months in order to allow interested community organizations sufficient time to develop business plans, establish partnerships and secure funding to turn the site into a community hub.  Property owners must be willing to participate in the Initiative and temporary funding may be available to selected applicants to cover ongoing operating

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