The Government of Canada and the Government of Alberta have funded affordable housing in Victoria Gardens at a cost of over $4.1 million. The 34 unit three-storey building has 18 one and 16 two-bedroom units. Among these, four units are barrier free. The units are earmarked for low income families, seniors and people with disabilities.
The announcement was made by the Honourable Diane Ablonczy, Minister of State of Foreign Affairs, on behalf of the Honourable Diane Finley, Minister of Human Resources and Skills Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC) and Wayne Cao, Member of the Legislative Assembly of Alberta for Calgary-Fort.
Minister Ablonczy stated that the Government is dedicated to help those who need it most and they had invested in this construction to provide safe, affordable homes.
Municipal Affairs Minister Doug Griffiths stated that the Alberta government is improving the affordable housing supply through its strategic capital funding partnerships. Griffiths added that they would be adding more than 12,000 units throughout the province so as to aid seniors, needy persons and families with children to have a stable home.
Under the Canada-Alberta Affordable Housing Program Agreement and Canada's Economic Action Plan, the provincial and federal governments will be investing around $238 million over a period of two years. Such investments are enhancing the life for low-income households living in present social housing, including persons who are seniors, disabled persons, homeless, Aboriginal people and recent immigrants.
Through Alberta's Affordable Housing Request for Proposals, private business, municipalities and non-profit organizations can also apply for funding.
Source: http://www.cmhc.ca/