Privacy  
CanEquity Mortgage Canada
Canadian mortgage rates,
mortgage calculator & news.

Canadian Mortgage News

April 2004 National News Archive

 

Related Links:
National Archive
2004 Archive
January 2004
February 2004
March 2004
April 2004
May 2004
June 2004
July 2004
August 2004
September 2004
October 2004
November 2004
December 2004


CanEquity Mortgage News RSS 2.0 Feed

CanEquity Mortgage News Atom Feed

About RSS and Atom Feeds

Portable Document Format Printable Version Page d'accueil franšais

Eleven Affordable Housing Projects Receive $15 Million in New Funding

EDMONTON, Alberta, April 30, 2004 — Approximately $15 million in federal and provincial funds have been allocated toward the development of 11 affordable housing projects that will create 314 units of affordable housing in Edmonton, Calgary, Lethbridge, Leduc and Rocky Mountain House. This funding completes year three (2003-04) of the Canada-Alberta Affordable Housing Program.

The announcement was made by the Honourable Anne McLellan, Deputy Prime Minister and Minister of Public Safety and Emergency Preparedness and Member of Parliament for Edmonton West and by the Honourable Stan Woloshyn, Minister of Alberta Seniors with responsibility for Housing.

"The Government of Canada is committed to providing affordable housing for Albertans, especially for people in areas of highest need," said Deputy Prime Minister McLellan. "Working in partnership with provincial and municipal governments and communities will ensure more projects are completed and will support our commitment to build strong communities throughout Alberta."

"These new affordable housing initiatives build on a solid foundation of partnerships that we have forged over the first three years of the program," said Minister Woloshyn. "These projects are good examples of how governments and the community can work together towards fostering affordable housing solutions for low-income Albertans."

Over the past two years through the Canada-Alberta Affordable Housing Program, provincial and federal commitments have totaled $58 million. This amount is enhanced through additional contributions from other partners including municipalities, local community housing authorities, non-profit organizations, and private sector companies.

These funding partnerships have fostered the creation of almost 1,300 new affordable housing units in high-growth, high-need, and northern remote communities throughout the province. Those communities include Edmonton, Calgary, Fort McMurray, Grande Prairie, Red Deer, Lethbridge, Cochrane, Brooks, Leduc, Rocky Mountain House, Conklin, Janvier and northern remote communities in the Municipal Districts of Greenview, Opportunity, and Wood Buffalo.

The Canada-Alberta Affordable Housing Program will provide an additional $51.24 million for the 2004-05 fiscal year, bringing total federal and provincial funding under the program to over $109 million since the agreement was signed in June 2002.

Details of the affordable housing projects announced today can be found in the accompanying backgrounders. A two-year summary report on the Canada-Alberta Affordable Housing Program is provided on the Alberta Seniors website at www.seniors.gov.ab.ca.

For more information, contact:

Ed Conway
Alberta Seniors Communications
Ph: (780) 415-9952
Jason Cobb
CMHC Communications
Ph: (403) 515-290

Left to Right: Jan Berkowski, Director of Communications, Alberta Seniors; the Honourable Anne McLellan, Deputy Prime Minister and Minister of Public Safety and Emergency Preparedness, and Member of Parliament for Edmonton West ; and the Honourable Stan Woloshyn, Minister of Alberta Seniors with responsibility for Housing.
Left to Right: Jan Berkowski, Director of Communications, Alberta Seniors; the Honourable Anne McLellan, Deputy Prime Minister and Minister of Public Safety and Emergency Preparedness, and Member of Parliament for Edmonton West ; and the Honourable Stan Woloshyn, Minister of Alberta Seniors with responsibility for Housing.

News source: Canada Mortgage and Housing Corporation (CMHC)

 

Top of page