EDMONTON – The governments of Canada and Alberta were on hand June 26 to mark the opening of a $13.95 million affordable housing development in Edmonton’s Parkdale neighbourhood.
The six storey building contains 70 one-, two- and three-bedroom housing units offered at a range of rents based on income.
“Investing in affordable and accessible housing is an investment in the future of our city. Our government is proud to support affordable housing projects and initiatives here in Edmonton and across Canada to help create jobs and improve the quality of life for those who need it most. With our partners, we are providing a helping hand to individuals and families in need, and in doing so, we are contributing to the economic and social well-being of the entire community,” federal minister of natural resources Amarjeet Sohi said.
“Affordable housing is important in ending poverty in our city. Capital Region Housing’s mixed-income model allows families to put down roots, build assets and contribute to inclusive communities. Through our Shovel Ready initiative, we continue to work with housing management bodies and community supports to address the need for affordable housing,” Edmonton mayor Don Iveson said.
The government of Alberta contributed land to the project and the facility is co-owned by the City of Edmonton and the government of Alberta. Capital Region Housing will operate the facility.
The project is part of the government of Canada’s National Housing Strategy, a 10-year, $55 billion plan to create 100,000 new affordable housing units and repair and upgrade more than 300,000 units.
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