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The apartment building will be built where where 88 dilapidated low-income units were levelled just a few years ago. (Google Maps)

Saint John will be getting new affordable housing for seniors, the federal and provincial governments announced on Friday.

The 30 subsidized apartments will be located in Crescent Valley, one of the city's most disadvantaged neighbourhoods in the north end, as part of a new 60-unit, mixed-income building.

The federal government will contribute $1.2 million for construction through Canada's Economic Action Plan, designed to stimulate the economy and create jobs during the global recession.

Meanwhile, the province will spend $2.3 million over 20 years for rent supplements.

"This development is a wonderful example of all aspects of the community coming together to create quality, affordable housing that will not only have a meaningful impact on the lives of the residents but will also play a key role in revitalizing Crescent Valley," said Social Development Minister Sue Stultz.

Just last month, the YM-YWCA announced it also plans to build its new facility in the community.

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Saint John Portland MLA Trevor Holder says Crescent Valley can be a role model for the rest of the province. ((CBC))

"I'm really proud of this neighbourhood," said Saint John Portland MLA Trevor Holder.

"Crescent Valley can be a role model to the rest of the province, of what happens when a community comes together, sets clear public priorities," he said.

Both of the projects are in part the result of a survey of residents, who identified a need for more housing and recreation.

"This is what they need — recreation and new affordable housing — and we're well on the way now," said community activist Juanita Black.

"So I think the residents will be really happy."

Some units fully accessible

Elias Management Group Inc. is expected to begin construction of the $9-million mid-rise seniors' apartment building in the spring. It will be located where 88 dilapidated low-income units were levelled just a few years ago.

The 60-unit building will include 30, one-bedroom rent subsidized units. Six of them will be fully accessible, while the other 24 will be senior-friendly. Half of the senior-friendly units will include roll-in showers.

The remaining 30 units will be one- and two-bedroom apartments.

The building will also include a community room and a multi-purpose area to host events and activities.

"Our government is dedicated to giving a hand-up to those in need, which is why we are proud to have invested in this project in Saint John", said Saint John MP Weston.

"These new units are more than just a safe and affordable place to live, they are key to meeting the needs of seniors who will call them home."

A construction date for the YMCA has not yet been set.