Construction is set to begin on affordable housing in Edmonton which will give 230 people a home.
Alberta Housing Minister Lori Sigurdson says the 70-unit apartment building in the Parkdale community should be completed by 2017.
She says it’s part of $14 million the government is putting up for affordable housing in Parkdale and for the Capital Region Housing Corp., which will manage the building.
READ MORE: Affordable housing in Alberta to get some major improvements
Alberta has promised to spend nearly $1.2 billion on affordable housing projects over the next five years.
Sigurdson says the money will help stimulate the construction sector and provide jobs.
READ MORE: Demand for affordable housing in Edmonton more than triples since fall 2014
Edmonton Mayor Don Iveson says the cash is welcome because “everyone deserves a place to call home.”
In March, Capital Region Housing said it had seen a massive spike in applications for social and affordable housing in the last year-and-a-half.
The wait list for the group – which provides social and affordable housing in the Edmonton area – sat at 4,300. To compare, it was just 1,200 in the fall of 2014.
Greg Dewling, Capital Region Housing Corporation CEO, said it was the biggest spike the group has ever seen.
With files from Global News
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