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Old Posted Feb 20, 2010, 12:41 AM
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Housing First Initiative

Nice blog entry from Paula Arab on the Housing First Initiative for Calgary.

First Calgary steps up to help Housing First
By Paula Arab Thu, Feb 18 2010 COMMENTS

Got an update today on the city's plan to end homelessness in 10 years. It was hopeful. There is a plan that actually might work. It even involves First Calgary Savings, Alberta's second largest credit union. They have given the Calgary Homeless Foundation, which adminsters the 10-year plan, an interest free $5 million line of credit. The purpose is to have the cash available for the foundation to purchase large parcels of land or buildings that could be used for affordable housing units. As the money is paid back, the foundation can draw it down again, in a gift that keeps on giving. The bank donates a cheque to the Calgary Housing Foundation once a year, in the amount totalling the interest the organization paid on the loan. The foundation uses that to knock of $300 in rent per unit, thereby subsidizing the housing for those who can't afford paying market rent...


http://communities.canada.com/CALGAR....aspx?sub=True
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Old Posted Mar 28, 2010, 7:14 PM
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That's awesome, and good on First Calgary!
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Old Posted Apr 5, 2010, 2:59 PM
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Keeping with the Plan to End Homelessness,

Quote:
Ground-breaking plan helps homeless youth leave Calgary streets

'Plan within a plan' to end homelessness

By Colette Derworiz, Calgary Herald
April 5, 2010 6:59 AM

As the number of teens turning to shelters continues to grow, the Calgary Homeless Foundation is working on the country's first plan dedicated to ending youth homelessness.

The blueprint, which would become part of Calgary's overall 10-year plan to end homelessness, will focus on ways to help youths between the ages of 12 and 24.

"We recognize that there are some very specific needs and we want to respond to those needs with a bit more emphasis than our original plan to end homelessness," said Tim Richter, president of the Calgary Homeless Foundation, which oversees the local plan.

"It's a plan within a plan." Officials from the foundation will work with the United Way and local service agencies dealing with homeless youths to develop the plan over the coming months, he said.

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