[News] Silvera opens affordable housing apartment in Livingston

18 September 2024

All levels of government involved in opening new Silvera for Seniors affordable housing apartment in Calgary

CALGARY, AB – Through funding commitments from the Government of Canada, the Alberta Government and the City of Calgary, Silvera for Seniors is formally opening its newest affordable housing apartment for independent seniors in northeast Calgary today.

Livingston Terrace Apartments, owned and operated by Silvera, will provide homes for 47 seniors in the Calgary community of Livingston at 149 Livingston Hill NE. The total cost of the project was $20.2 million.

Calgary Mayor Jyoti Gondek said all orders of government, non‐profits and industry share the commitment to increasing the supply of housing for vulnerable Calgarians.

“Addressing the housing crisis requires strong collaboration and coordination between all orders of Government,” Gondek said. “The City is focused on expanding affordable independent living options for seniors and will advance our efforts through the comprehensive 98 actions detailed in the Housing Strategy.”

At a ribbon-cutting ceremony this morning, Honourable Jason Nixon, Alberta’s Minister of Seniors, Community and Social Services, said the project is part of the provincial government’s commitment to providing affordable housing for seniors.

“Congratulations to Silvera for Seniors on the grand opening of these 47 new homes that will help foster a sense of dignity, security and belonging for seniors in the Livingston area,” Nixon said. “Projects like these are part of our ongoing commitment to ensure Alberta’s seniors have access to safe, secure and affordable housing.”

George Chahal, Member of Parliament for Calgary Skyview, was unable to attend the opening ceremony, but provided a statement on behalf of the Government of Canada:

“Everyone deserves a safe and affordable place to call home, for their safety, health, and well-being. Today’s event is a celebration of our continuing journey to provide every Canadian a roof above their head.”

Funding for this project included $7.7 million through the Government of Canada’s Rapid Housing Initiative, $2.6 million from the City of Calgary, $3 million from the Canada Mortgage and Housing Corporation’s co-investment loan program, and $680,000 from the Province of Alberta’s Affordable Housing Partnership Program. Silvera also contributed $7.0 million to the project, including purchase of the land through its partnership with Brookfield Residential.

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