Province to spend almost $25 million on affordable housing in Edmonton
By Laura DrakeDecember 10, 2008 12:01 PM
EDMONTON — Premier Ed Stelmach announced plans Wednesday morning to spend $24.9 million to help build 150 affordable housing units in Edmonton.
The money will go toward the YMCA's new Welcome Village affordable housing project, which will be located at 9515 104th Ave. The building will be allocated to low- and moderate-income families and individuals. There will also be 25 units for people with special needs.
"The creation of these affordable housing units will help to reduce homelessness
and increase the availability of affordable housing, while providing economic stability," Stelmach said in a release.
The project is part of the Boyle Renaissance Development, which also receives funding from the City of Edmonton and community partners
http://www.edmontonjournal.com/Homes/Pro...able+housing+Edmonton/1057893/story.html