As part of Canada’s economic action plan, joint funding has allowed the government to unveil 19 new affordable housing projects across the province Thursday.
The announcement of these new developments was made on the site between 109 Street and 108 Street on Jasper Avenue, where Mayfair Village South is set to be built.
Mayfair Village is one of four housing projects for Edmonton, and will be a 15-storey high-rise consisting of 237 units of affordable apartment housing.
“This is what’s called a transit-oriented development,” said Jonathan Denis, minister of Alberta housing and urban affairs. “And obviously there is a lot of access to transit. We recognize that people who may be in need of affordable housing may not have access to vehicles, so we wanted to provide some choice.
“At the same time, this is important for the downtown because some people require immediate access to downtown.
“It gets expensive here, so for the average person to afford it after coming out of university or if they are moving here from another province, we want to make sure that they have access to the Alberta economy.”
This project is part of the goal to create 11,000 affordable housing units by 2012. Including this project, Alberta has 8,700 units that are being constructed or are fully constructed.
The Mayfair Village is scheduled to be completed in the fall of 2011.
