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• Strathor TmeS • Sptbr 9, 2011 www.StrathorTis.co
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“It’s the rst step in providing accessto affordable housing for low incomefamilies, seniors and persons with dis-abilities,” said Linda Nelson, Deputy Chief Administrative Ofcer with thetown.“It’s such a unique project, simply by virtue of the units being for salerather than for rent, and also by virtueof being perpetually affordable. That’s because of the provision of the equity
Sagecourt ofcially opens its doors
Shannon LeCLair
Times Reporter
Bayside Villas isn’t the only new af-fordable housing complex that held itsgrand opening on Sept. 6.Sagecourt is an affordable-housingrental complex, which was createdthrough a partnership between AgeC-are Communities and the Alberta gov-ernment through the Ministry of Hous-ing and Urban Affairs, also ofcially opened the same day.“Our government is pleased to part-ner with developers like AgeCare tofund housing for lower income Alber-tans. While we measure results in termsof dollars and doors...we see results inthe faces of the individuals and fami-lies we assist,” said the Honourable Jonathan Denis, Minister of Housingand Urban Affairs in a press release.In 1998 Dr. Hasmukh Patel, Chief Executive Ofcer, and Dr. Kabir Jivraj,Managing Director, founded AgeCareLtd. to be able to provide supportivehousing and long term care communi-ties in Alberta.In Strathmore, the Sagewood SeniorsCommunity, which is still under con-struction, will provide 42 affordableliving suites and 60 supportive livingsuites. The Sagecourt building has beencreated to provide affordable homes to young families and singles.“We are pleased to be a partner withthe Province of Alberta and provide lo-cal families and individuals with highquality housing they can call home. Itis a comfort to know that families cangrow and remain successful in a safeand warm environment,” said Patel.“As an organization, family plays alarge part in our corporate philosophy. We pride ourselves in providing hous-ing that allows our tenants to experi-ence a positive, safe and fullling com-munity, which in turn becomes their own warm and inviting family home,”said Jivraj. There are a total of 42 units in Sage-court, though some are already occu-pied. The suites are self-contained andthe rates are a minimum of 10 per cent below market rate. Renters annual in-come must be lower than $33,500 toqualify. To nd out more go to www.agecare.ca.
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