About $120,000 was raised at Saturday's Coldest Night of the Year Walk in Orillia for the The Lighthouse Soup Kitchen and Shelter.
While some of the money will go toward the operation of the 14 beds for men and the soup kitchen, the majority will be for the Building Hope campaign.
The Lighthouse is raising $14 million to build a new community services hub for men, women, families and youth.
Executive Director Linda Goodhall says Canada Mortgage and House Corporation is providing a grant of up to $6.3 million, which means they have $3 million to go in their fundraising efforts.
There will be supportive housing with 20 units, where people can stay up to four years as they get the skills required to get permanent housing.
There will also be a community services hub which will include an emergency shelter with 40 beds for men, women, families and youth, a community meal program and a mental health wing.
The Lighthouse will break ground on the two phase project in early May.
Building Hope campaign: http://orillialighthouse.ca/building-hope