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Edmonton helps fund six affordable housing projects

Edmonton helps fund six affordable housing projects

EDMONTON — A series of affordable housing projects have been approved in Edmonton.

Officials gave the green light to 565 units of affordable housing through six projects, with the city awarding $16.77 million in grant funding.

Developers and partner agencies will create 265 new and 300 rehabilitated affordable housing units, ranging from studio apartments to three-bedroom homes.

“This is exciting news, proof that strong and innovative partnerships can make a massive difference in our neighbourhoods,” said Mayor Amarjeet Sohi in a statement. “Affordable housing is a city-wide need for thousands of Edmontonians, and we’re incentivizing a wide range of options. These projects will be life-changing for retirees, newcomers, single-income families and people who have experienced houselessness.”

Since the programs launch in 2018, Edmonton has invested $35.2 million for 915 units of affordable housing. Successful applicants receive funding for up to 25 per cent of capital costs. These grants represent the largest round of successful grants to date.

“Affordable housing fills a broad spectrum of needs, but it’s ultimately about making sure people have safety and stability,” said Christel Kjenner, director of affordable housing and homelessness. “These projects will provide homes to hundreds of Edmontonians who would otherwise have to worry about having a roof over their heads.”

The projects represent a total investment of approximately $155 million and include:

  • A new Mustard Seed permanent supportive housing development with 38 units for people who have experienced chronic homelessness or housing instability.
  • Two collaborations with the YWCA to provide 77 units of affordable housing for women and children escaping domestic abuse as well as individuals who have experienced homelessness.
  • The rehabilitation of 411 units at Matheson Seniors’ Residence, which has been providing affordable options for low-income seniors for nearly 50 years.

Two other affordable rental projects that would provide housing for members of Enoch Cree Nation, as well as tenants including single parents, seniors and new immigrants.

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