The Federal Government Funds Affordable Housing Development in Vancouver for 4894 Homes

The federal government’s recent announcement of more than $197.2 million in contributions and low-cost loans through the Affordable Housing Fund (AHF) is set to make a significant impact in Vancouver. The funding will help build and repair 4,910 affordable homes in the city, with one of the highlighted projects being the Ashley Mar Housing Co-operative at 8460 Ash St., which received $22.8 million in funding.

The Ashley Mar Housing Co-operative project will see the replacement of 54 townhomes with a new building comprised of 125 homes ranging in size from one-to-five-bedrooms, located near the Marine Drive Canada Line station. This is just one example of how the federal funding from the AHF is being used to create new affordable housing options and repair existing homes.

In total, the federal funding is expected to create 562 new homes and repair 4,348 homes in Vancouver through the AHF. This program provides funding through low-interest and/or forgivable loans or contributions to support the construction of new affordable housing as well as the renovation and repair of existing affordable and community housing.

Additionally, the Canada Mortgage and Housing Corporation (CMHC) is implementing the Frequent Builder framework, which streamlines the application process for the AHF and the Apartment Construction Loan Program. Housing providers with a track record of building multi-residential units can qualify for Frequent Builder status, which provides expedited access to funding. Different criteria apply to non-profit and for-profit organizations seeking this status.

Aside from the Ashley Mar Housing Co-operative, other notable projects receiving funding include a City of North Vancouver project with 89 units, the Brightside 8705 French Street redevelopment project in Vancouver funding 100 units, and the Heather Place B – Metro Van project funding 87 units. These projects showcase the diversity of affordable housing initiatives being supported by the AHF in Vancouver.

Overall, the federal government’s commitment to affordable housing in Vancouver through the AHF is a crucial step towards addressing the city’s housing needs and ensuring that all residents have access to safe and affordable housing options.

Source link

LNG Canada funds workforce development through BCCA

The British Columbia Construction Association (BCCA) has recently announced a two-year extension to their collaboration with LNG Canada to deliver Trades Training Fund (TTF) and CONNECT workforce development programs. The TTF program offers training and support funds for apprentices in high-demand trades in northwestern British Columbia, while the CONNECT program matches local jobseekers with construction-related jobs in the region. Both programs have been renewed through March 31, 2026.

LNG Canada has invested over $3.3 million in joint workforce development initiatives with BCCA to support local, Indigenous, and equity-deserving groups in accessing opportunities both on the project and in the community. LNG Canada CEO Jason Klein expressed pride in continuing the partnership with BCCA and extending their commitment to workforce development initiatives aimed at building a skilled workforce for B.C. and serving the local labour market.

The TTF program covers communities along the Highway 16 corridor between Prince Rupert and Houston, including Kitimat. Eligible businesses with fewer than 150 employees can apply for funding, and individuals without employer attachment are also invited to apply. More information on the TTF program can be found on the BCCA website.

The partnership between BCCA and LNG Canada demonstrates a strong commitment to supporting workforce development in northwestern B.C. and providing opportunities for apprentices and jobseekers in the region. With the extension of these programs, more individuals will have access to training, support, and job opportunities in the construction industry. Visit the BCCA website for further details on the TTF program and the CONNECT program.

Source link

Federal government funds Alberta community’s ventilation and recreational infrastructure development

The federal government is making significant investments in Alberta’s community buildings with over $3.4 million being allocated to four different projects. In St. Albert, the Larry Olexiuk Field in the Riel Recreation Park received a new turf on the sports field, while nearby recreational spaces Kinex Arena and Servus Place were funded for equipment replacement.

In Tsuut’ina Nation, a ventilation renovation of 20 Indigenous-owned community buildings was completed with the installation of Pyure technology air purification systems. This will help improve air quality and safety for community members.

Cold Lake also saw updates to their HVAC systems with energy-efficient improvements made to three drinking water treatment and distribution buildings in the city. These improvements will benefit the water and wastewater utilities that serve Cold Lake, Cold Lake First Nation, Town of Bonnyville, and the Department of National Defence at 4 Wing Cold Lake.

Overall, the federal government is investing $3,401,324 through the COVID-19 Resilience Infrastructure Stream of the Investing in Canada Infrastructure Program. The City of St. Albert contributed $578,205, and the City of Cold Lake contributed $5,860 towards these projects. These investments will not only improve the quality of community buildings in Alberta but also contribute to the overall resilience and sustainability of these infrastructure assets.

Source link