Welcome!

News Feed Item

Governments of Canada and Alberta Announce Funding for Seniors' Affordable Housing

MAGRATH, ALBERTA -- (Marketwired) -- 07/28/14 -- Today the Governments of Canada and Alberta announced a combined investment of some $47 million to help more low-income seniors in need of affordable housing. Five seniors' lodges in Alberta will receive funding to build new or renovate existing units.

As part of this announcement, the Diamond Willow Terrace Lodge located in the community of Magrath will receive more than $7.5 million. The lodge currently has 39 units that will be renovated into 20 larger units with an additional 23 new units to be added to the facility.

Jim Hillyer, Member of Parliament for Lethbridge, on behalf of the Honourable Candice Bergen, Minister of State (Social Development), along with Greg Weadick, Minister of Municipal Affairs made the funding announcement.

Our Government is proud to invest in affordable housing for seniors, said MP Hillyer. With these five new projects underway, we are taking action and demonstrating our commitment to helping those who need it most. We recognize that our seniors are best served by accessing safe and affordable housing while staying close to their families and friends, in their communities.

"The Alberta government recognizes the important contributions seniors have in building healthy, vibrant communities. This funding and the projects it will support demonstrates our commitment to ensuring Alberta's seniors have access to the housing and supports they need to live comfortably and with dignity," said Greg Weadick, Alberta Minister of Municipal Affairs

The seniors' lodges will receive $40 million in joint funding from the Governments of Canada and Alberta with an additional $7.56 million in funding from the province through Alberta Social Housing Corporation surplus earnings, for a total of $47.56 million. Diamond Willow Terrace lodge will receive more than $6.3 million in joint Government funding with an additional $1.1 million unilaterally from the Province of Alberta.This funding comes as a result of the $121 million Investment in Affordable Housing (IAH) 2011-2014 agreement between the Governments of Canada and Alberta.

Annually, the Government of Canada, through Canada Mortgage and Housing Corporation (CMHC), will invest approximately $2 billion in housing. Of this amount, $1.7 billion will be spent in support of close to 600,000 households living in existing social housing. In Alberta, this represents an estimated 36,300 households. The remaining funding supports housing-related activities and affordable housing programs, including the Investment in Affordable Housing. These investments are improving the quality of life for low-income Canadians and households living in existing social housing, including individuals who are homeless or at risk of homelessness, seniors, persons with disabilities, recent immigrants and Aboriginal people. Economic Action Plan 2013 continued this commitment with a federal investment of more than $1.25 billion over five years to renew the Investment in Affordable Housing to 2019. The Government of Canada will ensure that funds provided to provinces and territories support the use of apprentices, which will support training of skilled labour. From April 2011 to March 2014, the IAH has already helped more than 183,600 households nationally, and more than 952 in Alberta.

Through partnerships with federal and municipal governments, community groups, and the non-profit and private sectors, Alberta has made great strides to increase the supply of affordable housing across the province. Since 2007, the Government of Alberta has supported the development of 12,000 affordable housing units for homeless and lower-income Albertans through capital grant funding in 62 communities. The province exceeded its original goal of 11,000 units in September 2012. Housing support to those in need is helping to build strong communities and is part of the Building Alberta Plan. For more information on Alberta's housing support, visit http://municipalaffairs.gov.ab.ca/housing.cfm

To find out more about how the Government of Canada and CMHC are working to build stronger homes and communities for all Canadians, call CMHC at 1-800-668-2642 or visit www.cmhc-schl.gc.ca.

Follow CMHC on Twitter @CMHC_ca

BACKGROUNDER

Investment in Affordable Housing (IAH) 2011-2014 Agreement

Alberta Seniors Lodges

Under the IAH Agreement, the Government of Canada and the Government of Alberta are investing a total of more than $47 million in five projects for lower-income seniors. The cost-shared grants are being issued through the 2011-2014 Housing Capital Initiatives program, which supports housing partnerships that leverage the resources and expertise of municipalities, the federal government, non-profit organizations, local housing management bodies, and the private sector.


----------------------------------------------------------------------------
                                                          Federal/Provincial
Community          Project Proponent        Project Name             Funding
----------------------------------------------------------------------------
Rimbey                Rimoka Housing
                          Foundation      Parkland Manor         $13,300,000
----------------------------------------------------------------------------
Lamont                 Lamont County
                  Housing Foundation        Lamont Lodge         $10,800,000
----------------------------------------------------------------------------
Blairmore             Crowsnest Pass
                      Senior Housing    York Creek Lodge         $ 9,120,000
----------------------------------------------------------------------------
Magrath                                   Diamond Willow
                  Chinook Foundation       Terrace Lodge         $ 7,520,000
----------------------------------------------------------------------------
Cold Lake         Lakeland Lodge and    Cold Lake Senior
                  Housing Foundation      Citizens Lodge         $ 6,820,000
----------------------------------------------------------------------------

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry’s single source for the cloud. Fusion’s advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud...
SYS-CON Events announced today that Peak 10, Inc., a national IT infrastructure and cloud services provider, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Peak 10 provides reliable, tailored data center and network services, cloud and managed services. Its solutions are designed to scale and adapt to customers’ changing business needs, enabling them to lower costs, improve performance and focus intern...
Existing Big Data solutions are mainly focused on the discovery and analysis of data. The solutions are scalable and highly available but tedious when swapping in and swapping out occurs in disarray and thrashing takes place. The resolution for thrashing through machine learning algorithms and support nomenclature is through simple techniques. Organizations that have been collecting large customer data are increasingly seeing the need to use the data for swapping in and out and thrashing occurs ...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory?
New competitors, disruptive technologies, and growing expectations are pushing every business to both adopt and deliver new digital services. This ‘Digital Transformation’ demands rapid delivery and continuous iteration of new competitive services via multiple channels, which in turn demands new service delivery techniques – including DevOps. In this power panel at @DevOpsSummit 20th Cloud Expo, moderated by DevOps Conference Co-Chair Andi Mann, panelists will examine how DevOps helps to meet th...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs oft...
One of the biggest challenges with adopting a DevOps mentality is: new applications are easily adapted to cloud-native, microservice-based, or containerized architectures - they can be built for them - but old applications need complex refactoring. On the other hand, these new technologies can require relearning or adapting new, oftentimes more complex, methodologies and tools to be ready for production. In his general session at @DevOpsSummit at 20th Cloud Expo, Chris Brown, Solutions Marketi...
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding busin...
Everywhere we turn in our industry we can find strong opinions about the direction, type and nature of cloud’s impact on computing and business. Another word that is used in every context in our industry is “hybrid.” In his session at 20th Cloud Expo, Alvaro Gonzalez, Director of Technical, Partner and Field Marketing at Peak 10, will use a combination of a few conceptual props and some research recently commissioned by Peak 10 to offer a real-world consideration of how the various categories of...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
SYS-CON Events announced today that Carbonite will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Carbonite protects your entire IT footprint with the right level of protection for each workload, ensuring lower costs and dependable solutions with DoubleTake and Evault.
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo Silicon Valley Call for Papers is now open.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.