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For Immediate Release – August 25, 2014
Leduc Foundation broke ground today on Gaetz Landing, its latest affordable housing project. Phase 1 of a 2 phase project, Gaetz Landing is a mixed use building located within walking distance to Main Street Leduc with 2 commercial rental units on the main floor, facing 49th Avenue, and 14 affordable housing suites - 2 barrier free suites on the main floor and 6 – 1 bedroom suites on each of the second and third floors.
In 2007, the City of Leduc, the Town of Beaumont and the Town of Devon agreed to pool their Municipal Sustainability Initiative (MSI) Affordable Housing funds and transferred $1.6 million to Leduc Foundation in each of the next three (3) years, which along with additional Affordable Housing Capital Grants from the Provincial Government, created the Leduc-Beaumont-Devon Regional Affordable Housing Plan. Leduc County agreed to finance a $3.5 million debenture in the third year. Under the plan, a 20-suite building was purchased in Leduc, a 35-suite building was built in Beaumont, a 28-suite building was constructed in Devon, and two (2) - 12-suite buildings were built in Leduc.
The 3-Year Leduc-Beaumont-Devon Regional Affordable Housing Plan has been recognized and commended by Government officials and other housing management bodies throughout Alberta as being visionary in addressing the need for a full range of housing options in all of our communities.
In 2012 residual funds were identified and an extension of the plan was created that included the construction of Gaetz Landing and a financial contribution to Habitat for Humanity Edmonton, to support affordable home ownership each community.
In a unique partnership, Gaetz Landing is being built with the support of Habitat for Humanity Edmonton. Habitat for Humanity Edmonton have opened the doors of their Prefab Shop to allow our community volunteers to help build the walls for Gaetz Landing. Leduc Foundation is thrilled to be able to say that all 28 volunteer days (420 volunteers an equivalent of 3,150 hours) required for the build have been filled by local businesses, community groups, and individuals.
“Gaetz Landing is a welcome addition to our portfolio. We are fortunate to have very strong partnerships working together and can truly say that we are building our community together with the support of Habitat for Humanity Edmonton and the many volunteers that have come together to build Gaetz Landing.” said Audrey Kelto, Chairman of the Leduc Foundation Board.
The ground breaking ceremony got underway at 10:00 a.m. with Nancy M. Laing, Executive Director, Leduc Foundation acting as Master of Ceremonies. Presentations were made by the Mayors of Leduc County, City of Leduc, and Town of Beaumont, along with Alfred Nikolai, President & CEO, Habitat for Humanity Edmonton and Audrey Kelto, Councillor Leduc County and Chairman of the Leduc Foundation Board.