OPHI Funding - NEMI Seniors Complex



NEMI Seniors Complex, 2 OPHI units 
Manitoulin-Sudbury District Services Board 
OPHI Year 3 
New Construction - Supportive Housing


Project Name # Units Proponent Type Total OPHI Funding
NEMI Seniors Complex 2 Manitoulin-Sudbury DSB $623,865


Payment No. Milestones % Total OPHI Funding
1ST Signed CA and Registration of Security 50 $311,933
2ND Structural framing complete for new construction or 50% completion for acquisition & rehab projects 40 $249,546
3RD Occupancy confirmed, Initial Occupancy Report submitted, Final Capital Cost Statementin a form acceptable to the ministry submitted 10 $62,387
TOTAL    100   $623,865