- Partner News
- Media Releases
- Mainstream News
January 30, 2023
MOBERT, ONT. — The Canada Infrastructure Bank (CIB) and Netmizaaggamig Nishnaabeg (formerly Pic Mobert First Nation) of northern Ontario have announced an agreement for the CIB to lend $7.9 million towards infrastructure required for commercial and residential development intended to improve living standards on the reserve.
The CIB’s financing enables the construction of one kilometre of new road, the extension of water services tied into the existing water treatment system, the extension of existing fixed wireless broadband and the electrification of 55 new building lots, explained a release. The serviced building lots will accommodate multi-family affordable and social housing, market and staff housing and commercial uses.
Netmizaaggamig Nishnaabeg is an Ojibwe First Nation of more than 1,000 members located 55 kilometres east of Marathon, along the eastern shores of White Lake. As a result of limited developable land and lack of existing high-quality housing, only 32 per cent of its membership live on-reserve.
Read More: https://canada.constructconnect.com/dcn/news/infrastructure/2023/01/cib-to-fund-residential-services-for-northern-ontario-first-nation
160 total views, 2 views today