Feds announce substantial boost in Alberta housing supply

The province will see the rapid development of hundreds of new homes

Feds announce substantial boost in Alberta housing supply

Through the Affordable Housing Partnership Program, federal and provincial governments have announced that more than 600 new low-cost housing units are underway in Alberta.

A combined investment of nearly $54 million, with the federal government providing up to $27 million, will go towards 17 affordable housing projects in nine communities across the province.

“The AHPP will support a range of initiatives, including development of new affordable housing for seniors, families, newcomers, and women and children,” according to Canada Mortgage and Housing Corporation (CMHC). “Other projects will convert existing office or hotel space into housing for vulnerable Albertans and enable major renovations to improve existing units.”

Funding will be provided for the following projects:

Calgary Region

  • $11.5 million to Horizon Housing Society for the development of family and community housing in Calgary
  • $4 million to Rocky View Foundation to build seniors’ apartments in Airdrie
  • $3.9 million to the Calgary Drop In and Rehab Centre to renovate and modernize units for vulnerable Calgarians
  • $3.3 million to Sarcee Meadows Housing Co-operative Ltd. to retrofit and build new seniors housing in Calgary.
  • $1.5 million to the city of Calgary to build family and community housing in Calgary
  • $1.4 million to Airdrie Housing Limited to build affordable housing in Airdrie
  • $680,000 to Silvera for Seniors to build seniors’ apartments in Calgary
  • $227,000 to Westwinds Communities to build family and community housing in Okotoks

Edmonton Region

  • $14.7 million to Meridian Housing Foundation to build seniors’ units in Spruce Grove
  • $3 million to Catholic Social Services to build housing for women, children and newcomer families in Edmonton
  • $2.3 million to the city of Edmonton to build supportive housing for women and children fleeing family violence in Edmonton
  • $2 million to the Leduc Regional Housing Foundation to build family and community housing in Leduc
  • $900,000 to Right at Home Housing Society to build housing for persons with disabilities, women and children in Edmonton.
  • $400,000 to Right at Home Housing Society to build housing for newcomer families, and for women, children in Edmonton

Other areas

  • $2 million to Stepping Stones Crisis Society to build housing for women fleeing violence in Cold Lake
  • $1.2 million to Heart River Housing to build seniors’ apartments in Falher
  • $595,000 to Green Acres Foundation to build seniors’ apartments in Lethbridge