the provincial Minister of Housing to back
up the risk of borrowing on behalf of the
project. Both provincial and municipal
funding subsidize operations at approxi-
mately 30 percent of rental costs and the
remaining 70 percent is the responsibility
of the resident. Life lease is the third hous-
ing model that is self-sustaining and not
subsidized, offering an affordable and inde-
pendent style of residence situated within
the community, Smalldon said.
What is most exciting about the new proj-
ect is the continuity it will provide to the
residents of Sundre, a popular rural retire-
ment community with a higher-than-aver-
age number of residents age 75 and older.
Under the “campus of care” model, they
can move into an independent living unit
and as their need for care increases, they
have the option of moving into a unit on
site that is designed to meet their growing
requirements. This will be the first MVSH
facility to offer an independent housing op-
tion along with multiple levels of care on
the same property, eliminating the need
for seniors to uproot their lives and move
to another city offering 24x7 care in a sup-
portive living facility.
“That’s where our future is; we believe in
offering more options for housing,” Small-
don added. “This is a start. We believe in
the concept of providing positive, active
places for people to live and be happy.
There’s a lot of enthusiasm in Sundre for
this project.”
The project will culminate in a community
inhabited by people of various income and
care levels, providing motivation to social-
ize, stay active and enjoy a healthy lifestyle.
Located in a new subdivision, the commu-
nity will offer a number of features: bistros
ideal for coffee and a game of cards, a
fitness room, hair salon, gift shop, medi-
cal clinic, a seniors’ drop-in centre and a
guest room dedicated to families visiting
the community’s residents. Pathways will
“That’s where our future is; we believe in offering more options for housing. This is a
start. We believe in the concept of providing positive, active places for people to live and be
happy. There’s a lot of enthusiasm in Sundre for this project.”
NOVEMBER 2015
H
business elite canada
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