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Rent-to-own housing to be built in Edmonton for Paul First Nation members

EDMONTON — Ottawa and Alberta have announced $3 million in funding to build affordable housing in Edmonton for members of the Paul First Nation.

The project involves the construction of 24 rental and rent-to-own units.

Alberta Housing Minister Josephine Pon says it's the first time a rent-to-own option has been made available through the province's Indigenous Housing Capital Program.

A $1.5 million grant for the project will also be provided by the City of Edmonton.

Paul First Nation Chief Arthur Rain says the rent-to-own model is an alternative for members living off-reserve that supports their future.

The First Nation, located 75 kilometres west of Edmonton, has about 2,000 members.

This report by The Canadian Press was first published Oct. 3, 2022.

The Canadian Press