Background

The City of Red Deer provided funds of $330,000.00 to Heritage Family Services for the purchase of two condominiums to be used as affordable housing units.  The contract between the City of Red Deer and Heritage Family Services was made effective on January 01, 2008. 

Two condominiums were purchased on December 21, 2007and will be added to the City’s affordable housing stock.  This project will also provide an exit strategy for individuals in transitional housing who are ready for a more independent setting. 

Both of the units have two bedrooms and one and a half bathrooms with all of the necessary appliances.  The rent and security deposit is $600.00.  If a tenant chooses to have a roommate (providing they meet the established criteria) each person’s rent is $300.00 per month plus power.  One unit is on the ground level and the other unit is on the third floor of the building.  There is one parking stall allocated for each rental unit.

 

Entrance Criteria

We assess the following areas for each applicant:

• Annual Income at or below the Core Needs Income Threshold which is currently at 31,500/year
• What their current housing status is (ex. are they without housing)
• Are they coming from a Transitional Housing Program
• Do they have a stable source of monthly income

Outcomes

As identified in the funding agreement between the City of Red Deer and Heritage Family Services the aim of this project is to allocate grant proceeds to be used for the development of affordable housing to alleviate homelessness in Red Deer. 

Outcome #1:
Provide two affordable housing units which can accommodate individuals with disabilities.

Outcome #2:
Provide an exit strategy for the Heritage Transitional Housing residents who have demonstrated the ability to function in a more independent setting. 

Outcome #3:
Assist in homelessness reduction in Red Deer.

Outcome #4:
Assist the City of Red Deer, Social Planning Department in achieving the Red Deer Community Housing Plan goals.