Canada Mortgage and Housing Corporation

Canada Mortgage and Housing Corporation
Government of Canada

Government of Canada
Government of Alberta

Government of Alberta

June 19, 2017 10:00 ET

Groundbreaking for Affordable Seniors Housing in Vermilion

VERMILION, ALBERTA--(Marketwired - June 19, 2017) - Local seniors will soon have new affordable housing options in Vermilion. Construction is underway at the Vermilion Valley Lodge where 52 new units will be built and 34 existing units will be upgraded to ensure they meet current fire and safety standards.

The Governments of Canada and Alberta are investing approximately $11 million in the redevelopment of Vermilion Valley Lodge through the Investment in Affordable Housing Agreement. Along with government funding, Vermilion and District Housing Foundation will provide close to $2.5 million to the project.

Quick facts:

  • The existing 124-unit lodge is a five-wing facility built in the 1960s.
  • The demolition and construction will involve the replacement of three of the five original lodge wings.
  • Once all phases of construction and demolition are complete, the new facility will include a total of 126 units comprised of 86 modernized units connected to administration and 40 supportive living units.
  • The new lodge will offer studio and one-bedroom suites, meals, light housekeeping, social activities, recreational opportunities, laundry and home-care.

Quotes:

"Our Government is committed to working with the Province of Alberta to develop and implement local solutions to housing. This investment is helping residents of Vermilion access safe and affordable housing that meets their needs." - Honourable Jean-Yves Duclos, Minister of Families, Children and Social Development

"Seniors built this province and they deserve to retire in dignity. That's why our government is making life better for seniors by investing in the Vermilion Valley Lodge. This project will mean seniors can age in community, close to friends and family, where they want to be." - Honourable Lori Sigurdson, Minister of Seniors and Housing

"The Vermilion Valley Lodge is critical infrastructure for the community. In rural Alberta, safe, affordable, comfortable seniors housing within the community is essential for those who can no longer manage in their own homes." - Bruce MacDuff, Board Chair, Vermilion District and Housing Foundation

Associated links:

  • CMHC has been helping Canadians meet their housing needs for more than 70 years. As Canada's authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to Canadian governments, consumers and the housing industry. Prudent risk management, strong corporate governance and transparency are cornerstones of CMHC's operations. For more information, please call 1-800-668-2642 or visit www.cmhc.ca.
  • The Alberta government ministry of Seniors and Housing fosters the development of affordable housing and supports access to housing options for Albertans most in need. The Alberta Jobs Plan will invest $1.2 billion for affordable housing capital needs over the next five years. To achieve these outcomes, the ministry works with seniors, Albertans who require housing supports, their families and caregivers, communities and other government partners. A more detailed description of the ministry and its programs and initiatives can be found at www.seniors-housing.gov.ab.ca.

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