Second round of CARES funding approved.
In Stony Plain this week, Minister of Economic Development and Trade Deron Bilous was on hand to announce the selection of the town for $40,000 dollars in funding for the Old Town South Area Redevelopment Plan.
The money comes from the second round of CARES (Community and Regional Economic Support) program, and it's a matched grant meaning the town will match the grant for a total of $80,000. The CARES program approved 62 overall projects in the province during the first round, amounting to $4.7 million dollars.
"It's supporting the communities that are really the ones that will drive the economic diversification," Minister Bilous told One News. "I'm very excited about this project and to be able to support the Town of Stony Plain."
"This is supporting local ideas," added Bilous on the CARES program.
As for the project in Stony Plain, much of the Old Town South area is over fifty years old and in desperate need of an update to continue supporting the infrastructure and amenity needs of the still-growing town.
"We have the Multicultural Centre there as well and we also have ten acres that are undeveloped on the west side of the sports fields," notes Mayor William Choy. "So it gives us an opportunity to take a step back, get a 30,000 foot view of it, to actually see what can fit into that land area there."
Currently, the third round of CARES applications are being held by the provincial government and are open until November 30th.