Federal government invests in three Silvera housing projects

10 March 2022

On March 9, Silvera’s newest independent living community, Vista Apartments, was officially opened by CEO Arlene Adamson along with the Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion; MP Calgary Skyview George Chahal; and Calgary Mayor Jyoti Gondek.

At the event, the federal government announced a $38-million investment in three Calgary housing projects, part of which will fund affordable housing units for seniors. The three projects, each owned and operated by Silvera, will create 244 new housing units, including 188 designated as affordable housing for seniors.

In addition to Vista, the funding is for Silvera’s Westview Residence West project in the SW and a new community in Calgary’s NE neighbourhood of Livingston. The Livingston Terrace project will be a modular building, creating 42 independent living units in phase one with the potential to add an additional 21 units in phase two. Livingston Terrace is expected to open by Spring 2023.

Funding for these units will come from the federal government’s Rapid Housing Initiative and National Housing Co-Investment Fund as well as the City of Calgary and Silvera.