Project #1
32 Unit Mixed Residential Rental Project – 5202-49 Street, Cold Lake, AB

The building is non-subsidized and will be owned and operated by Cold Lake Affordable Housing Society. Rental applications will be accepted from all community members.

Building Features

100% barrier free living built with environmentally friendly and sustainable products.

32 rental units

    1 Bachelor Suite
    12 – 2 bedroom
    • 6 rented at fair market value
    • 6 rented at CMHC Level 1 Affordability Criteria
    11 – 3 bedroom
    • 6 rented at fair market value
    • 6 rented at CMHC Level 1 Affordability Criteria
    8 units – Transitional Housing leased to Dr. Margaret Savage Crisis Centre

Occupancy

Expected occupancy is July 2009. Applications are currently be accepted for the complex please contact Coldwell Banker Chinook City for an application package by calling 780-639-6642.

Project Timelines

September – October 2008
Architectural proposal review and other project site visits

November – February 2009
Project design development and tendering

March – June 2009
Site Development

May – June 2009
Modular installation and completion

Occupancy – July 2009

Project Funding / Support

This project has been budgeted at $5.1 million. With support from Alberta Municipal Affairs, City of Cold Lake, Alberta Real Estate Foundation and the Wild Rose Foundation, Cold Lake Affordable Housing Society will need to either fundraise or finance $1.8M to complete the project.

CLAHS is accepting individual and corporate donations to assist with the financial and material needs of the project. Corporate receipts can be issued. If you or your organization would like to contribute to the economical and social growth of our community through this project please contact CLAHS at 780-812-4403 or info@clahs.org.