188 affordable housing units to become available for Calgary seniors

A $38 million project spanning three building sites in a partnership between the City of Calgary and the federal government will provide 188 affordable units specifically meant for seniors to Calgary.

The project is funded by the Rapid Housing Initiative (RHI) and the National Housing Co-investment fund, with Calgary-based Silvera for Seniors as the recipient.

One of the locations is at the Silvera Vista Apartments in the northeast community of Horizon with 120 low-cost units after a federal program spent $15.5 million to convert a hotel at 2622 39th Avenue N.E.

The building is expected to be at full capacity by June. About 30 residents have moved in as of December 2021.

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