Budget and Timeline
The total project cost is currently estimated at $13.65M. The federal and provincial governments have committed to $10.1M. The remaining funds required will be realized through fundraising and debenture financing. As a non-profit organization, the Foundation does not exist to make a profit; rather they work tirelessly to provide residents with an affordable housing solution. All funds raised will help to lower the amount of financing required which in turn ensures residents costs remain as affordable as possible.
Supporting this project will mean that the seniors of the future have a lodge that meets their needs while feeling like a home—not a facility. A modernized lodge will allow the seniors of today and tomorrow to not just live in the lodge, but to live well.