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Edmonton Receives Government Funding for Two New Affordable Housing ProjectsEDMONTON, Alberta, November 21, 2003 - The Capital Region Housing Corporation (CRHC) will receive $3.4 million under the Canada-Alberta Affordable Housing Program Agreement to build a 62-unit apartment complex and a 34-unit rooming house for low-income working singles and individuals on fixed incomes. The announcement was made today by the Honourable Steven Mahoney, Secretary of State responsible for Canada Mortgage and Housing Corporation and Honourable Stan Woloshyn, Minister of Seniors with responsibility for housing. "The Government of Canada has made the development of new affordable housing a priority," said Secretary of State Mahoney. "This partnership with the Province and the Capital Region Housing Corporation will help us build stronger communities and improve the housing conditions of low-income residents of Edmonton." "These two projects are very significant for the City of Edmonton in that they will reduce waiting lists for community housing and they will allow suitable individuals to move out of homeless shelters and into new affordable rental units," said the Honourable Stan Woloshyn, Minister of Seniors with responsibility for housing. "In this way, we not only improve the quality of life for these individuals, but we are also helping to transition people out of homeless shelters." The 62-unit apartment calls for 60 bed-sitting units with limited kitchen facilities and two studio units with full facilities. The CRHC will receive $3.1 million in federal and provincial grant funding, through the Affordable Housing Partnerships Initiative (AHPI), to go toward the total project cost of approximately $4.76 million. The City of Edmonton will contribute $310,000 through the Low-Income Housing Capital Assistance Program. The Capital Region Housing Corporation will contribute the remaining $1.35 million and will retain ownership of the property. The 34-unit rooming house will feature 34 single room occupancies with in-room dining facilities, and shared dining and living amenities. The CRHC will receive $335,300 in federal and provincial grant funding, through AHPI, towards the total project cost of approximately $1.3 million. The Capital Region Housing Corporation will contribute the remaining $1 million and will retain ownership of the property. AHPI is part of the Canada-Alberta Affordable Housing Program Agreement signed in June 2002 between the Government of Canada and the Province of Alberta. The agreement provides for a $67.12 million federal contribution to be matched by the province and others to help increase the supply of low-cost housing in high growth communities. Since signing the agreement, the Government of Canada and the Province of Alberta have allocated over $28.9 million towards the creation of 12 projects and construction of 685 affordable housing units in Calgary, Edmonton, Fort McMurray, Red Deer and Grande Prairie, Brooks, as well as in the northern remote communities of Conklin and Janvier. While several project proposals for 2003-04 are currently under review, provincial and federal funding is expected to reach $35 million for this fiscal year. This amount will be further enhanced through contributions from other partners including municipalities, local community housing authorities, non-profit organizations, and private sector companies. The Capital Region Housing Corporation is a management body under the Alberta Housing Act, that administers approximately 5,400 units of provincially and municipally owned community housing units and Private Landlord Rent Supplement units in the capital region, cost-shared by the federal and provincial governments. Funding under the Canada-Alberta Affordable Housing Program Agreement is provided in the form of capital grants and is provided on a project-by-project basis. For more details, visit the Alberta Seniors Web site at www.seniors.gov.ab.ca. MEDIA ADVISORY:Secretary of State Mahoney and Minister Woloshyn will be available for interviews at the following function: Please contact Pat Garrett, Executive Director of WINGS of Providence, at (780) 426-4985 for the confidential address to the WINGS of Providence facility. For more information, contact:Ed Conway BACKGROUNDER
For more information, contact:Ed Conway
For more information, contact:Ed Conway News source: Canada Mortgage and Housing Corporation (CMHC)
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