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Renovations complete on 882 affordable housing units in Edmonton
๐Ÿ‡จ๐Ÿ‡ฆ Canada /Economy & Trade

Renovations complete on 882 affordable housing units in Edmonton

From Global News · () English

Summarized and contextualized by DistantNews.

At a glance

News Sources not specified Outcome reported
  • Renovations are complete on 882 affordable housing units across 11 sites in Edmonton, Canada.
  • The three-year project was funded by a $12.8 million federal contribution and $10.5 million from the city.
  • The upgrades focused on foundation fixes, electrical and energy efficiency improvements, and accessibility, ensuring residents have modern amenities.

Hundreds of affordable housing units in Edmonton have received a significant upgrade, with renovations now complete on 882 units across 11 city sites. The three-year project, aimed at improving existing social housing stock, saw a total investment of $23.3 million.

The funding for the extensive renovations was secured in 2023, with the federal government contributing $12.8 million and the City of Edmonton adding $10.5 million. This investment is part of a broader agreement to repair social housing located on city-owned land.

We worked really hard to make sure every dollar and every dollar of investment counted for the future.

โ€” Bree ClaudeCEO of Civida, an affordable housing management company, on the completed renovation project.

Mayor Andrew Knack emphasized the importance of both building new affordable housing and maintaining existing units. "It is still far more economical to say, โ€˜Letโ€™s renovate existing h,โ€™" he stated, highlighting the value of investing in current infrastructure.

Many folks who have been living in affordable housing can also have all the same modern amenities, all the same fixtures and great design that new affordable housing looks like as well.

โ€” Andrew KnackEdmonton Mayor Andrew Knack on the quality of the renovated units.

Civida CEO Bree Claude expressed satisfaction with the project's outcome. "We worked really hard to make sure every dollar and every dollar of investment counted for the future," she said. Civida, an affordable housing management company, oversees operations at these and other sites.

The repairs included critical foundation fixes, electrical upgrades, enhanced energy efficiency, and improved accessibility. Residents of these units continue to benefit from deep subsidies, ensuring they spend no more than 30 percent of their income on rent, allowing for other essential living expenses.

It is still far more economical to say, โ€˜Letโ€™s renovate existing h

โ€” Andrew KnackEdmonton Mayor Andrew Knack on the strategy of renovating existing housing stock.
DistantNews Editorial

Originally published by Global News. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.