For Immediate Release / September 20, 2022
City Announces Partnership with Homeland Housing
The City of St. Albert is pleased to announce a new partnership with Homeland Housing, the City’s not for profit Housing Management Body. Council has approved the use of city-owned downtown land towards a mixed-income, residential and commercial development. This project supports four of Council’s strategic priorities for the 2022-25 term, leveraging a collaborative opportunity to help create a vibrant, diverse, and inclusive downtown. This project also aligns with the policies and goals of the Municipal Development Plan, the Downtown Area Redevelopment Plan and the Land Use Bylaw.
A mixed-income model describes housing that is provided at both market and below-market rental rates within the same building or development, providing families, singles and seniors with affordable, accessible and sustainable rental housing choices. Revenue from the commercial and retail spaces proposed on the ground level will internally support below-market rents for low to moderate-income households, close to transit, amenities, parks and schools. Housing brings activity to downtown streets and patrons to downtown businesses. In turn, more businesses, services, and activities are attracted to the downtown area.
“Downtown vibrancy and community well-being are key priorities in Council’s current Strategic Plan,” says St. Albert Mayor Cathy Heron. “A key part of this effort is increasing the variety of housing types and providing community supports to meet the diverse needs of residents. This partnership will help us take important steps forward in this vital work.”
Key components within the new development will meet the City’s objectives of universally accessible public spaces, community partnerships, energy efficiency, barrier-free unit designs, and social procurement benefit opportunities.
“Homeland Housing looks forward to partnering with the City of St. Albert and supporting Council’s Strategic Plan of a vibrant downtown, and diverse housing models,” says Homeland Housing CEO Raymond Cormie. “Having much needed affordable housing in St. Albert for individuals, families, and seniors, removes the stress of affordability and housing insecurity, fosters dignity, and supports people to thrive and contribute as active members of the community they live in.”
The City of St. Albert is one of 11 member municipalities and counties served by Homeland Housing. Homeland Housing is a non-profit, Housing Management Body, created by Ministerial Order. The City is represented on the Homeland Housing Board of Directors by Councillor Natalie Joly.
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Last edited: September 20, 2022