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Feds, province commit funds for affordable housing

Author of the article: Kristine Jean Publishing date: Apr 30, 2021  •  1 day ago  •  3 minute read  •  Folkstone Manor, Stony Plain s first affordable housing facility for seniors and emerging seniors 55+, is nearing completion and is now accepting applications for anticipated summer move-ins. Both the provincial and federal governments have recently committed additional funding for affordable housing. Photo by Kristine Jean /jpg, SP Article content Both the federal and provincial governments recently announced funding for affordable housing. In the Canadian government’s first budget in two years April 19, deputy Prime Minister and Minister of Finance, Chrystia Freeland announced that Budget 2021 includes an additional $2.5 billion over seven years for affordable housing. It will also reallocate $1.3 billion in existing funding to speed up the construction, repair, or support of 35,000 affordable housing units.

New rent support for Albertans between jobs

Apr 29, 2021 New rent support for Albertans between jobs | Nouvelle aide au loyer pour les Albertains qui sont entre deux emplois Alberta’s government will launch a new Temporary Rent Assistance Benefit for eligible Albertans on May 1. Some parts of this page will not display. JavaScript is not available in this browser or may be turned off. Under the redesigned Rent Supplement Program, the new temporary benefit provides a subsidy for working households with low income or those between jobs. Support is available for up to two years to help tenants afford their rent while they stabilize or improve their situation.

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