seniors housing made affordable - personal care appliances

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This article is published on 23/1/207 (860 days ago)
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Fred Douglas Society
Plan to build 28 new lives
Rent apartments in northern Winnipeg to help ease the ongoing shortage of affordable elderly housing in the city.
Four are Fred Douglas Gardens. storey, 55-
In addition, the complex will be built on a socially owned property at the corner of Aberdeen Avenue and Shawnee West Street.
It will replace an old one, 9-
Independent unit-
Live apartment building.
The association, affiliated to the Canadian Union Church, has been developing affordable housing for older people for more than 50 years and hopes to start construction this summer.
A spokesman said $8. 2-
Millions of projects are expected to take about a year to complete. "We’re a not-for-
Profit organization mainly in the field of personal care home, we are trying to re-develop our (older)
Housing options that match the 21st century, "Larry Beston, a member of the association's real estate development committee, said in an interview.
The association's goal is to build more than 100 new affordable units, and the Fred Douglas garden project is the first of several new developments in the Aberdeen Avenue property program. The one-and two-
The bedroom unit will be for people aged 55 and over who currently have a single
Family housing, without any significant retirement savings, is looking for a more affordable housing option for their retirement age.
"There are a lot of seniors out there, and their only asset is their home," says Beeston . ".
"They have no retirement savings.
Raising children, working and living are enemies with them.
If their Canadian Pension Plan (CPP)
Pension Security (OAS)
Benefits are their only retirement income, most of which may be used to pay property taxes and utilities, with little or no food at all. With the life-
Beeston said they could sell their house and pay the entrance fee for a new life with a portion of the proceeds --
Rental units, the rest of the investment.
The income they invest in is expected to pay the full or most monthly rent, and their CPP and OAS benefits can be used to cover food and other living expenses. The 12 one-
The size of the bedroom ranges from 600 square feet to 635 square feet.
Admission fees range from $66,000 to $70,000, and monthly rents range from $825 to $860. The 16 two-
The size of the bedroom ranges from 790 to 805 square feet. ft.
The entrance fee is $86,000 to $88,500, and the rent ranges from $1,040 to $1,055.
Rent includes water, electricity, gas, water, property taxes, debt
Maintenance costs, regular suite maintenance and maintenance or replacement of any electrical appliances provided by the landlord.
Each suite has a refrigerator and a stove.
The dishwasher, washer and dryer are also connected.
Beeston said that the entrance fee for a unit of similar size is-profit life-
The rental complex is usually between $150,000 and $200,000.
Rent a normal-
Bedroom apartments of similar size and quality are approximately $1,000 per month (
Excluding most utilities)
He added that although the two similar
The price of a bedroom suite is usually between $1,200 and $1,500.
He pointed out that if the rent of one of the new units is equal to more than the monthly income of the tenant, a subsidy will be provided based on the income.
He also pointed out that the entrance fee can be refunded in full when the tenant leaves.
Beeston said the Fred Douglas Association has been working closely with Manitoba Housing to raise more than $3.
2 million of grants and donations to help pay for the project and make the rent as affordable as possible.
A Manitoba Housing spokesperson confirmed in an email that the department has been working with the Fred Douglas association on its proposal.
"We recognize the importance of securing housing for the elderly to address the growing needs of an aging population.
However, no final funding commitment has yet been made, "the spokesman added.
Acorn development consultant working with 10 other communities-
Based on non-for-profit, life-
Leasing project, overseeing the planning and marketing of the Fred Douglas garden project. "These not-for-profit life-
Doug Lear, president of Acorn, said in a written statement: "The rental housing program clearly shows that they provide the community with an excellent and affordable housing option that tenants are very appreciative
The life of our customers
Rental tenants are so fond of living in their lives that in turn
The over rate is trivial and the waiting list is huge.
Li is talking about some things in life.
Rental tenants appreciate peace and harmony most and are able to engage with people with similar needs and interests.
"People take care of each other, make new friends and socialize.
Tenants are also grateful for maintenance-
"The free aspects of this service, for those traveling, enjoy the freedom that apartment life offers," he added . ".
So far, 10 units have been used, says Beeston, and another 46 families have indicated an interest in renting one unit.
The society is confident that tenants will be found in all 28 units, he said.
Learn about any news-worthy or interesting trends or developments in local offices, retail, industrial or multiple industriesfamily-
Residential sector?
Let Real estate reporter Murray McNeil at the email address below or 204-697-7254. murray.
McNeil @ freepress. mb.