New housing complex to begin accepting residents by next month
Federal and provincial officials announced a massive $15.8 million in combined funding during the grand opening of the 64-unit Cottages at Southgate housing complex in Lethbridge, Alberta.
The development, which will primarily cater to seniors in need of affordable and accessible homes, received $4.8 million from the government of Canada through the National Housing Co-Investment Fund and $3.4 million from the Albertan provincial government, coupled with $790,000 from the Lethbridge municipal government and a private donation of $500,000.
Another $6.26 million will be financed by Lethbridge & Region Community Housing Corporation.
“The Cottages at Southgate’s innovative and modern design will provide our seniors with accessible, affordable homes, outdoor gathering green spaces and is conveniently located near shopping centres, lakes, and walking paths,” said Robin James of Lethbridge and Region Community Housing Corporation.
Read more: Why Canadians are relocating during the post-pandemic era
“The Southgate complex in Lethbridge shows how the private sector, non-profit sector, and different orders of government can all work together to help more Albertans access the housing they need,” added Josephine Pon, Minister of Seniors and Housing. “Strategic, long-term partnerships, a key initiative under our Stronger Foundations affordable housing strategy, will help us meet Alberta’s diverse needs now and in the future.”
The housing complex is set to begin accepting residents by September 2022.
