30-11-2021, 08:18 PM
What Is The Procedure Of Norstar Development - How Does Norstar Plan For Your Future? - Located in Newmarket, Ontario, Norstar is a fully integrated real estate development company. The company's team is led by Mr. Michael Cavalieri, a certified professional planner with extensive experience in project management. He has completed graduate studies at the University of Waterloo and the University of Oxford, England, where he earned an Honours Degree in Planning and Design.
The Norstar development will be a mix-income community. This means that tenants will have to qualify based on their income levels. The majority of the 97 apartments will be reserved for households with incomes at or below 60% of the area median income. The remaining 35 apartments will target households with incomes below 50%. Norstar is committed to providing affordable housing to those in need. For this reason, the company's team will focus on a diversity of socioeconomic backgrounds.
In addition to residential and commercial properties, Norstar also offers affordable housing to low-income residents. This approach is particularly important in communities with high poverty rates. Norstar's mission is to provide affordable housing for those who need it. It believes that fostering support in a community is crucial to ensuring the community is healthy and prosperous for future generations. The company is partnered with the State Historic Preservation Office to provide assistance to residents in need.