This property was conditionally purchased in February 2018 to construct a 27-unit, permanent rental apartment building for single adults. Total project cost is expected to be $5.4 million and occupancy is slated for Summer 2020. This building was made possible through a capital grant from the Government of Alberta, the generous commitment of philanthropic donors, including Visionary donor and builder, Cardel Lifestyles through the RESOLVE Campaign, the support of Seed Funding from Canada Mortgage and Housing Corporation, as well as the City of Calgary’s Housing Incentive Program (HIP). HomeSpace was awarded this site through a land disposition for non-market housing development from The City of Calgary following a competitive application process. We will partner with a social service provider for resident referrals, income testing, supports and community building. View the schematic design for this development.
Click here to download the Hillhurst Backgrounder.