Check out the latest news about LRHF below.
For Immediate Release – June 18, 2012
Leduc Foundation has broken ground on their Calmar Affordable Housing Project (2011/2012) which will see an 8-suite apartment building built in the Town of Calmar. The two storey building will consist of eight suites – four 2-bedroom, three 2-bedroom, and one 4- bedroom suites – which will be placed on the site to permit a second phase of at least eight suites to be completed in the future as the growth of the community dictates. One 2-bedroom suite and one 3-bedroom suite on the main floor of the building will be barrier free with a 4- bedroom suite on the second floor available to house a larger family. Two suites will be targeted to families fleeing domestic abuse with rents proposed to be 20% below market. The remaining suites will be targeted towards families of modest means from within the region.
Leduc Foundation’s $1.8 million project has been funded in part through a $1.2 million jointly funded Government of Canada and Government of Alberta grant.
Leduc Foundation’s grant is a part of the $40.6 million investment made under the 2011/2012 Alberta Housing Capital Initiatives program. The Government of Canada and the Government of Alberta announced on November 18, 2011 a cost-shared investment of more than $121 million over three years under a new affordable housing agreement that will continue to reduce the number of Alberta residents in housing need.
“We are excited to be continuing to grow our affordable housing portfolio and welcome the addition of an eight suite affordable housing building in Calmar. The development and provision of affordable housing options within our communities is important for the low to moderate income seniors, individuals and families that we serve.” said Dawson Kohl, Chairman of the Board for Leduc Foundation.