New Affordable Housing in Grunthal
Tags: affordable housing program, assisted living, canada manitoba, churches, community individuals, economic action, federal government, global recession, grunthal manitoba, housing units, infrastructure, moderate income seniors, municipalities, provincial governments, senior housing, social housing, supportive housing
On October 16th, 2009 ground was broken on a new complex for senior housing in Grunthal, Manitoba.
Funding in the amount of $2.7 million has been made available for the initiative through Canada`s Economic Action Plan, as many of you might know this is the federal government’s plan to stimulate the economy and create jobs during the global recession.
The federal and provincial governments are contributing equally to this investment through the amended Canada – Manitoba Affordable Housing Program Agreement.
Canada`s Economic Action Plan provides $400 million over the span of 2 years with the goal of building new rental housing for low income seniors.
Overall, the Economic Action Plan includes more than $2 billion for new and existing social housing, there is also up to $2 billion in loans to municipalities for housing related infrastructure.
This project is led by Menno Home for the Aged; it will incorporate 42 housing units, including 12 supportive housing units and 30 one-bedroom assisted living units for low to moderate income seniors.
The total cost of this project is estimated to be $4.5 million.
This is one of the biggest projects undertaken in Grunthal, and it has the support from the entire community, individuals and churches all with the goal to help the seniors in Grunthal.
Heleen Jacobsen
Broker of Record with InfoMarket Group GMAC Real Estate
www.infomarketgroup.com
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