St. Albert and Homeland Housing have received a 14.5-million-dollar grant from the Government of Alberta.
The grant is going towards a commercial and residential project being built at 22 St. Thomas Street. The funding support for the 118-unit building is being provided through the Provincial Affordable Housing Partnership Program with a joint provincial and federal funding contribution, as well as funding from the Canada Mortgage and Housing Association’s Affordable Housing Fund.
This funding assistance will allow a “large portion” of the units to be offered at below-market rates.
“On behalf of St. Albert City Council, I want to express our sincere appreciation to the Government of Alberta and Government of Canada for providing $14.5 million in funding to Homeland Housing for its 22 St. Thomas Street Project,” says St. Albert Mayor Cathy Heron. “This project is one of Council’s top strategic priorities in 2025, and we are very pleased it will be moving ahead.”
The 22 St. Thomas Street Project will offer 118 units at or below market rate, with help from commercial spaces on the ground floor to offset the lower residential rates.
Many St. Albert residents, including seniors, young adults, single people and lone-parent families struggle with finding affordable housing due to lack of lower-cost housing choices within the City of St. Albert.
“Affordable housing is more than just bricks and mortar—it’s about dignity, opportunity, and community,” says Raymond Cormie, Chief Executive Officer of Homeland Housing. “This partnership underscores what is possible when the City of St. Albert, Government of Alberta, Government of Canada, and community stakeholders come together with a shared purpose. By working collaboratively, we’re not just building homes—we’re building hope and creating a future where everyone has a place to belong.”
Provincial grants have been given to other communities around the Heartland.
$8,840,000 was granted to the Heartland Housing Foundation to build affordable housing in Sherwood Park, as well as a land transfer made to the same organization to build housing in Fort Saskatchewan. Edmonton has received grants totaling upwards of $41 million.
“Alberta’s government is focused on results. We’re getting shovels in the ground and roofs over Albertans’ heads,” said Minister of Assisted Living and Social Services Jason Nixon. “With this record investment, thousands more low-income Albertans will have a safe, affordable home they can count on, so they can move forward with dignity and stability.”
