Loughborough Housing Corporation is a Non-For-Profit Corporation managed by a Board of Directors providing low-end-of-market housing and rent-geared-to-income housing to seniors who can live independently.
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As a Social Housing Provider, Loughborough Housing Corporation has Operating Agreements with the City of Kingston Service Manager. Under these agreements, Loughborough Housing Corporation provides housing for seniors in accordance with the Social Housing Reform Act, 2000. And its accompanying regulations. The Service Manager is responsible to oversee the yearly benchmarked operating budget for Loughborough Housing Corporation. We receive a monthly subsidy from the Service Manager. This Subsidy offsets the operating costs not covered by the rent collected.