CANADA INVESTS IN AFFORDABLE LIVING WITH NEW APARTMENT BLOCK IN DOWNTOWN WINNIPEG

WINNIPEG, MB, January 11, 2023 /CNW/ – Today, the Honorable Ahmed Hussen, Minister for Housing and Diversity and Inclusion, joined by the Honorable Dan Vandal, Minister for Northern Affairs and Minister responsible for Economic Development of the Canadian Prairies and CanNor, the Honorable Rochelle Squires, Manitoba Minister of Families and Chief Sidney Ballantyne of the Opaskwayak Cree Nation, announced a combined investment of more than $17.4 million to build 69 new affordable apartment units in winnipegwith a strong focus on serving indigenous students, young families, and the elderly.

A rendering of the building at 380 Young Street in Winnipeg, a 69-unit affordable rental apartment building owned by the Opaskwayak Cree Nation.  (CNW Group/Government of Canada)

A rendering of the building at 380 Young Street in Winnipeg, a 69-unit affordable rental apartment building owned by the Opaskwayak Cree Nation. (CNW Group/Government of Canada)

The Opaskwayak Cree Nation will own and operate a 7-story apartment building with heated underground parking, located at 380 Young Street. The new building will be just a minute’s walk from the University of Winnipeg and it is a mix of affordable housing with more than 40 percent of the rental units being offered at deeply reduced prices.

This construction project is intended to help address the significant shortage of affordable rental units in the City of winnipeg. The 69-unit building will replace 4 vacant single-family homes that were dilapidated and torn down. Construction is expected to take 18 months and should be complete in the summer of 2024.

The Opaskwayak Cree Nation intends to lease a number of units to First Nations students who have moved off the reservation for post-secondary education, as the central location is not only next to the University of Winnipeg but all the major bus routes are also close by.

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To maximize its energy efficiency, the building participates in Efficiency Manitoba’s New Buildings Program. Efficiency Manitoba will provide the Opaskwayak Cree Nation with approximately $105,000 in incentives to reduce the costs of incorporating multiple energy saving measures throughout the construction process. The main energy efficiency features proposed for the building include a high performance building envelope, heat pumps for space heating and a central heat recovery unit to ventilate the suites. Taking these steps will result in projected annual electricity savings of nearly 190,000 kilowatt-hours (kWh) and estimated annual savings on your utility bill. $9,500.

The funding provided for this project is as follows:

  • $15.6 million of the federal government, through the National Housing Co-investment Fund of the National Housing Strategy

  • $105,000 via Manitoba Efficiency

  • $1.8 million of the Opaskwayak Cree Nation

Quotes:

“Every Canadian deserves a safe and affordable place to call home. By investing in affordable housing here in winnipeg and through Canada, our government is giving more Canadians access to quality, affordable housing in vibrant and welcoming communities. Thanks to today’s announcement, members of the Opaskwayak Cree Nation will have access to affordable housing while pursuing their educational goals. This is our government’s National Housing Strategy in action.” – The Honorable Ahmed Hussen, Minister for Housing and Diversity and Inclusion

“Through significant investments in affordable housing, our Government is helping those who need it most here in winnipeg and in all corners of the country. These investments help create new jobs and stimulate the local economy, while providing access to safe and affordable housing for Winnipeggers.” – The Honorable Dan Vandal, Minister for Northern Affairs and Minister responsible for Prairies Economic Development Canada and CanNor

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“We are pleased to see the addition of this affordable green housing initiative, giving members of the Opaskwayak Cree Nation the opportunity to live, study and work in the heart of downtown. winnipeg. Our government supports continued investment in affordable housing so that everyone Manitoba families can have a safe place to call home. Through Efficiency Manitoba’s New Buildings Program, the Opaskwayak Cree Nation will receive technical guidance support and financial incentives for this project. Energy models show that the energy performance of this new construction will be approximately 16 percent better than what is required by the Manitoba Building Energy Code, a noteworthy achievement. We are also looking forward to seeing the building receive Energy Efficiency certification from Efficiency Manitoba when it is completed.” – The Honorable Rochelle Squires, Manitoba Minister of Families

“This building not only allows our Cree Nation to begin to capitalize within the real estate market, but it will also allow us a place in the city to house some of our own citizens who are leaving the North to begin their journeys of higher education in The lower rent would ease financial strains so our sponsored students can focus on their schoolwork and careers, which in turn will allow them to continue to make successful contributions not only to Opaskwayak but to the entire country.” – Chief Sidney Ballantyne, Opaskwayak Cree Nation

“It has been a pleasure working with the Opaskwayak Cree Nation to provide high-quality, affordable housing in challenging times of rising interest rates and inflation. We are proud to contribute to solving the nationwide affordable housing crisis that is feeling so many Canadians We recognize the power of facilitating partnerships that make affordable housing a reality, especially for indigenous communities.” – Nigel FurgusParagon Design Build

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Fast facts:

  • He National Housing Co-Investment Fund (NHCF) is a program under the National Housing Strategy (NHS) that prioritizes projects that help people who need it most, including women and children fleeing family violence, older people, indigenous people and communities, people living with disabilities, people with mental health or addiction problems, veterans and young adults.

  • The government of Canada The National Housing Strategy (NHS) is an ambitious 10-year plan that will invest more than $72 billion to give more Canadians a place to call home.

Related links:

  • What Canada housing authority, CMHC contributes to the stability of the housing market and financial system, supports Canadians in need of housing, and provides impartial housing research and advice to all levels of the Canadian government, consumers, and the housing industry. living place. CMHC’s goal is that by 2030, everyone in Canada You have a house that you can afford and that meets your needs. For more information please visit cmhc.ca or follow us on Twitter, instagram, Youtube, LinkedIn Y Facebook.

  • To learn more about the National Housing Strategy, visit: placetocallhome.ca

  • Consult the National Housing Strategy Map of Housing Financing Initiatives to view affordable housing projects that have been developed in Canada.

A rendering of the building at 380 Young Street in Winnipeg, located a short distance from the University of Winnipeg.  (CNW Group/Government of Canada)

A rendering of the building at 380 Young Street in Winnipeg, located a short distance from the University of Winnipeg. (CNW Group/Government of Canada)

A rendering of the building at 380 Young Street in Winnipeg, which offers a mix of affordable housing, with more than 40 percent of the units being offered at deeply reduced prices.  (CNW Group/Government of Canada)

A rendering of the building at 380 Young Street in Winnipeg, which offers a mix of affordable housing, with more than 40 percent of the units being offered at deeply reduced prices. (CNW Group/Government of Canada)

Logo of the Government of Canada (CNW Group/Government of Canada)

Logo of the Government of Canada (CNW Group/Government of Canada)

Logo of the Province of Manitoba (CNW Group/Government of Canada)

Logo of the Province of Manitoba (CNW Group/Government of Canada)

SOURCE Government of Canada

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