Canada announces the funding of new rental homes in Edmonton

The federal government, along with Rohit Group and Covenant announced over $56 million in funding to help build 199 secure, rental homes in the City of Edmonton.

“Canada’s housing needs requires strong ideas and strong partnerships. By working alongside the private sector, we can help bring forward new approaches to housing to deliver more homes. This partnership is a great example of what we can achieve when governments and industry work together,” said Caroline Desrochers, Parliamentary Secretary to the Minister of Housing and Infrastructure.

This includes $51.2 million in federal funding through the Apartment Construction Loan Program (ACLP). Called Gilbertson Block, the six-storey building is located at 210 Lakewood Road East NW and is a partnership between Rohit Group and Covenant. Amenities include in-suite laundry, onsite gym, heated underground parking, air conditioning, and a tenant lounges. The homes will be located close to schools, a city recreation centre, restaurants and cafes, retail, and public transportation, and adjacent to Covenant’s new Stelmach Community Health Centre, which provides a broad range of outpatient and specialized health services. Construction is underway and expected to be complete in late 2027.

“At Covenant, we know that caring for people extends beyond the walls of our health care facilities. Gilbertson Block is an important part of the Covenant Wellness Community and our vision to bring together health care, housing and community supports, including primary care, specialized health services, mental health services and seniors’ care. We’re grateful to the Government of Canada and Rohit Group for their partnership in bringing this vision to life,” said Patrick Dumelie, president and CEO, Covenant.

The new homes will be part of the broader Covenant Wellness Community, which brings health care, housing, community services and other supports together in one location.  This integrated, community-based model is designed to better connect people with the care and supports they need to live well.

“Every person deserves a home they can afford in a community that supports their wellbeing. With the Government of Canada’s support through the Apartment Construction Loan Program, Gilbertson Block will deliver 199 rental homes as part of the Covenant Wellness Community — a model that brings housing and health care together in a way that benefits residents and strengthens the broader health system. We’re thankful for this investment and proud of what this partnership with Covenant Health is making possible for Edmonton.” – Rohit Gupta, CEO, Rohit Group

Featured image: A rendering of Gilbertson Block located at 210 Lakewood Road East NW.


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