Le Lézard
Classified in: Business
Subjects: SCZ, CPG, CFG

New Homes For Seniors In Southeast Edmonton


EDMONTON, Feb. 27, 2019 /CNW/ - Over 100 seniors have a new affordable home in Sakaw Terrace. Through the Investment in Affordable Housing Agreement, the governments of Canada and Alberta are providing $20 million in funding for this affordable senior housing project in southeast Edmonton.

Logo: Government of Canada (CNW Group/Canada Mortgage and Housing Corporation)

Sakaw Terrace offers 158 housing units, of which, 70 are lodge units, while 88 are affordable seniors apartments. Sixty of the 88 apartments will be offered at 15 per cent below market rent and 49 of the lodge units will be available to low- and moderate-income seniors.

The Honourable Amarjeet Sohi, Minister of Natural Resources, on behalf of Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development and Minister Responsible for Canada Mortgage and Housing Corporation (CMHC), and the Honourable Christina Gray, Minister of Alberta Labour, on behalf of Lori Sigurdson, Minister of Alberta Seniors and Housing, made the announcement today.

Quotes:

"The opening of Sakaw Terrace brings more affordable housing to Southeast Edmonton, allowing independent seniors to remain close to family and friends, while participating in the livelihood of their communities. Our Government remains committed to assisting and investing in our seniors in Alberta and throughout the country."
The Honourable Amarjeet Sohi, Minister of Natural Resources

"By ensuring more seniors with low income have access to affordable housing we're helping seniors to remain in their communities close to family and friends. Our government is proud to support seniors and their families in this fast-growing area of our capital city."
?
The Honourable Lori Sigurdson, Minister of Alberta Seniors and Housing

"Opening Sakaw Terrace in Mill Woods culminates a 13-year journey to offer seniors a friendly, secure and affordable home. Thoughtful investments by all three levels of government and caring Edmontonians demonstrates our collective commitment to seniors in our community."
? Karen Lynch, chair, Greater Edmonton Foundation

Quick facts:

Associated links:

As Canada's authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to all levels of Canadian government, consumers and the housing industry. For more information, please visit cmhc.ca or follow us on TwitterInstagram, YouTubeLinkedIn and Facebook.

To find out more about the National Housing Strategy, visit www.placetocallhome.ca.

The Government of Alberta ministry of Seniors and Housing fosters the development of affordable housing and supports access to housing options for Albertans most in need. The ministry works with seniors, Albertans who require housing supports, their families and caregivers, communities and other government partners. A more detailed description of the ministry and its programs and initiatives can be found at www.seniors-housing.gov.ab.ca.

Learn more about the Provincial Affordable Housing Strategy.

 

Logo: Government of Alberta (CNW Group/Canada Mortgage and Housing Corporation)

SOURCE Canada Mortgage and Housing Corporation


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