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Over $9.6 Million Approved in Alberta for Affordable Housing Projects

EDMONTON, Alberta, June 28, 2005 — More than $9.6 million has been allocated under the Canada-Alberta Affordable Housing Program to help create 211 new affordable housing units in six Alberta communities. The projects will be built in Banff, Edmonton, Grande Cache, Grande Prairie, Medicine Hat and Whitecourt.

The projects were announced today by the Honourable Anne McLellan, Deputy Prime Minister and Minister of Public Safety and Emergency Preparedness, on behalf of the Honourable Joe Fontana, Minister of Labour and Housing and Yvonne Fritz, Minister of Alberta Seniors and Community Supports.

"The Government of Canada is committed to providing quality affordable housing for those Canadians who need it most," said Minister McLellan. "Housing is an important part of peoples' lives and is central to our commitment to build healthy, sustainable communities. We look forward to working closely with our partners in Alberta to continue to address these needs in the province and across the country."

"The need for affordable housing affects many Albertans, so I am especially pleased that we were able to enter into agreements that are located across the province," said Fritz. "These projects reflect the commitment of the Government of Alberta and the federal government to work together to meet local housing needs and enhance the quality of life for Albertans."

Federal and provincial contributions to affordable housing projects are enhanced by contributions from other partners including municipalities, local management bodies, non-profit organizations and private sector companies.

Funding for the projects announced today are part of the $134 million in federal and provincial funding allocated under the Canada-Alberta Affordable Housing Program Agreement, signed in June 2002. To date more than $109 million of that funding has been allocated towards the creation of 2,449 affordable housing units throughout the province. These communities include Banff, Brooks, Calgary, Camrose, Canmore, Cochrane, Edmonton, Grande Cache, Grande Prairie, the MD of Greenview, Hythe, Leduc, Lethbridge, Medicine Hat, the MD of Opportunity, Red Deer, Rocky Mountain House, Stony Plain, Villeneuve, Whitecourt and the Regional Municipality of Wood Buffalo.

Details of each of the affordable housing projects announced today can be found in the accompanying backgrounders. For more information on the Canada-Alberta Affordable Housing Program, visit the Alberta Seniors and Community Supports Web site at www.seniors.gov.ab.ca.

For more information, contact:

Jason Chance
Alberta Seniors and Community Supports
(780) 415-9950
Dial 310-0000 for toll free access outside Edmonton

Jason Cobb
Canada Mortgage and Housing Corporation
(403) 515-2903

Backgrounder

Canada —Alberta Affordable Housing Program

1. Project Name / Location: Young Women's Christian Association of Banff (YWCA)

Applicant: YWCA of Banff
Project Address: 102 Spray Avenue
Target Clients: Low-income individuals
Number of Units: 42
Unit type: Studio units (single and double occupancy-dormitory style)
Proposed Rents:

Single occupancy units $340 or 400 per month, depending on unit size

Double occupancy units $640 per month works out to ($320 per person)

Total Project Cost: $2,469,873
CAAHP Grant:

$1,050,000 (Federal)
$1,050,000 (Provincial)

Other contributions:

$200,000 (Town of Banff)
$169,873 (Financing)

Contact:

Ms. Kerry-Lee Schultheis,
Executive Director,
YWCA of Banff
(403) 762.3560

2. Project Name / Location: Centre de Santé Saint-Thomas Health Centre Edmonton

Applicant: Centre de Sante' Saint-Thomas Health Centre
Project Address: 9040-84 Avenue
Target Clients: Seniors
Number of Units: 50 units (there is a total of 197 units, 50 will be funded under the Canada-Alberta Affordable Housing Program)
Unit type:

26 x bachelor units
24 x one bedroom units

Proposed Rents:

Bachelor units $453 per month
One bedroom units $537 per month

Total Project Cost: $24,909,020
CAAHP Grant:

$1,250,000 (Federal)
$1,250,000 (Provincial)

Other Contributions: $3,000,000 (Life-lease deposits)
$3,000,000 (Federal Infrastructure Grant)
$2,000,020 (Fundraising)
$1,200,000 (Seniors Support Housing Initiative Program)
$13,209,000 (Financing)
Contact:

Denis Collette
Project Coordinator
Centre de Sante' Saint-Thomas Health Centre
(780) 463.9810

3. Project Name / Location: Shepherd's Care Greenfield, Edmonton

Applicant: Shepherd's Care Foundation
Project Address: 3820-114 Street
Target Clients: Low income seniors
Number of Units: 35
Unit type: 35 x Bachelor units
Proposed Rents: Bachelor units $ 264 per month
Total Project Cost: $1,725,970
CAAHP Grant:

$276,750 (Federal)
$276,750 (Provincial)

Other contributions: $1,172,470 (Financing)
Contact: Mr. John Pray
President
Shepherd's Care Foundation
(780) 463.9810

4. Applicant: City of Grande Prairie, Grande Prairie

Project Address: 99 Street and 92 Avenue
Target Clients:

Low to-moderate income families (16 units)
Low to-moderate income seniors (6 units)
Special needs (6 units)
Homeless at risk (12 units)

Number of Units: 40 units
Unit type:

12 x one bedroom units
16 x two bedroom units
12 x three bedroom units

Proposed Rents:

One bedroom units $300 per month
Two bedroom units $350 per month
Three bedroom units $400 per month

Total Project Cost: $4,118,000
CAAHP Grant:

$1,000,000 (Federal)
$1,000,000 (Provincial)
$1,600,000 (Municipality)
$318,000 (Municipality — waiver of fees)
$200,000 (City of Grande Prairie — land)

Contact: Mr. Greg Scerbak
Community Services Director
City of Grande Prairie
(780) 538.0383

5. Project Name / Location: Medicine Hat Women's Shelter Second Stage Housing Project, Medicine Hat

Applicant: Medicine Hat Women's Shelter Society (Phoenix Safe House)
Project Address: 110-4 Street NE
Target Clients: Victims of family violence
Number of Units: 10 units
Unit type:

9 x three bedroom units
1 x handicapped three bedroom suite

Proposed Rents: Three bedroom unit $575 per month
Total Project Cost: $2,086,559
CAAHP Grant:

$250,000 (Federal)
$250,000 (Provincial)

Other contributions:

$200,000 (Municipality — land donation)
$800,000 CMHC Shelter Enhancement Program Grant
$330,000 Provincial Community Funded Enhancement Program Grant
$115,949 Medicine Hat Women's Shelter Society
$140,610 (Community donations)

Contact: Mr. Gerry Carter
Executive Director
Medicine Hat Women's Shelter Society
(403) 527.8223

6. Project Name / Location: Spruce View Heights Enhanced Lodge, Whitecourt

Applicant: Town of Whitecourt
Project Address: 47 Street and Sunset Boulevard
Target Clients: Seniors
Number of Units: 24 units (the project will have 49 units, 24 will be funded under the Canada-Alberta Affordable Housing Program)
Unit type:

8 x studio/bachelor units
14 x one bedroom units
2 x two bedroom units

Proposed Rents:

Studio/bachelor units $400 per month
One bedroom units $495 per month
Two bedroom units $585 per month

Total Project Cost: $4,400.000
CAAHP Grant:

$600,000 (Federal)
$600,000 (Provincial)

Other contributions

$125,000 (Community/Facility Enhancement Program)
$300,000 (Town of Whitecourt and Woodlands County)
$125,000 (Fundraising)
$450,000 (Centennial Legacy Grant)
$2,200,000 (Financing)

Contact: Luc Mercier / Dean Bradford
Town of Whitecourt
(780) 778.8400

7. Project Name / Location: Aseniwuche Winewak Nation of Canada, Grande Cache

Applicant: Aseniwuche Winewak Nation of Canada
Project Address: Various
Target Clients: Low-to moderate income families
Number of Units: 10 units
Unit type: 10 x three bedroom single-family manufactured homes
Proposed Rents: $166 – $500 per month — based on income
Total Project Cost: $750,000
AHPI Grant:

$375,000 (Federal)
$375,000 (Provincial)

Contact: Rachelle McDonald
Aseniwuche Winewak Nation of Canada

Robert Storrier
Alberta Seniors and Community Supports
(780) 415-9950
Dial 310.0000 for toll free access outside Edmonton

Jason Cobb
Canada Mortgage and Housing Corporation
(403) 515-2903