19.3 C
Ontario
Saturday, July 24, 2021

35,500 low-income Alberta households expected to benefit from 10-year rent subsidy program


Rent support is on the way for those living in low-income housing in Alberta, thanks to a new partnership between the provincial and federal governments.

The $444-million Canada-Alberta Housing Benefit will provide rent relief to people over a 10-year period, extending from 2019-2020 through to 2028. It’s expected 35,500 households will benefit from the program.

Read more:
Calgary ‘experiment’ looks to transform vacant office tower into affordable housing

Alberta Minister of Seniors and Housing Josephine Pon said the new program is part of the province’s goal of revamping the rent subsidy program.

“I am pleased the program changes have put us in a position to maximize federal funding and provide rent support to even more Albertans, especially during this difficult time,” she said Tuesday.

Story continues below advertisement

Various people in need of rent support will qualify for the program, as subsidies will be offered to those needing long-term help, as well as on a temporary basis to those currently working or between jobs.

There will also be flexibility for the types of housing that renters can get support for.


Click to play video: 'Residents of Calgary affordable housing high-rise raise concerns about living conditions'







Residents of Calgary affordable housing high-rise raise concerns about living conditions


Residents of Calgary affordable housing high-rise raise concerns about living conditions – Apr 8, 2021

“Everyone deserves a safe and affordable place to call home. Our government recognizes the long-standing need for predictable funding for housing in Alberta,” federal Minister of Families, Children and Social Development Ahmed Hussen said.

It’s estimated that 24,000 Alberta households are waiting for affordable rent support, and 7,600 are already getting that assistance.

Read more:
$1.5M Edmonton housing grant aims to turn problem properties into affordable housing

Story continues below advertisement

Information on eligibility and subsidy amounts can be found online.

The cost of the program is being evenly shared between the province and the federal government, with each contributing $222 million.




© 2021 Global News, a division of Corus Entertainment Inc.





Source link

Latest news

US says India ‘remains challenging place’ to do business

India “remains a challenging place” to do business, the US has said, urging it to foster an attractive and reliable investment climate by...

Super Hit Couple Songs Udit Narayan Vs Alka Yagnik || Old Hindi Songs Bollywood 90's Evergreen

Super Hit Couple Songs Udit Narayan Vs Alka Yagnik || Old Hindi Songs Bollywood 90's Evergreen source

Tokyo Olympics 2020: Harmanpreet, Srijesh shine as India beat New Zealand 3-2 in hockey opener | Other Sports News

India men's hockey team got off to a flying start at the Tokyo 2020 Olympics after edging out New Zealand 3-2 at the...
Related news

US says India ‘remains challenging place’ to do business

India “remains a challenging place” to do business, the US has said, urging it to foster an attractive and reliable investment climate by...

Super Hit Couple Songs Udit Narayan Vs Alka Yagnik || Old Hindi Songs Bollywood 90's Evergreen

Super Hit Couple Songs Udit Narayan Vs Alka Yagnik || Old Hindi Songs Bollywood 90's Evergreen source

Tokyo Olympics 2020: Harmanpreet, Srijesh shine as India beat New Zealand 3-2 in hockey opener | Other Sports News

India men's hockey team got off to a flying start at the Tokyo 2020 Olympics after edging out New Zealand 3-2 at the...