$24 million rapid housing initiative launched in Calgary
Calgary is about to see some rapid housing developments thanks to funding from the Government of Canada.
Ahmed Hussen, Minister of Families, Children, and Social Development and Minister responsible for Canada Mortgage and Housing Corporation, stated in a release on Thursday morning that the federal government would be allocating $24.6 million towards a rapid housing initiative in Calgary.
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The initiative plans to create 176 new units of affordable housing specifically for seniors, Indigenous peoples, and women and children fleeing domestic violence, the release states.
The $24 million is part of a $1 billion Rapid Housing Initiative that aims to create 3,000 permanent and affordable housing units throughout the country.
“Our Government wants to ensure that every Canadian has a safe and affordable place to call home,” said Hussen in the release.
“Investments with our municipal partners like Calgary under the Rapid Housing Initiative’s Major Cities Stream will go a long way to effectively support those who need it most by quickly providing new affordable housing units to vulnerable individuals and families to keep them safe.”
Calgary mayor Naheed Nenshi said in the release that the $24 million is a great start. The release notes that Calgary’s COVID-19 Community Advocacy Plan states a need to support 600 Calgarians experiencing homelessness.
“This immediate funding is a great start, and a solid down payment to address homelessness in our city,” said Nenshi in the release.
“A scan of the community demonstrates how unique our non-profit housing sector in Calgary really is. In addition to this important step today, we have a massive opportunity in front of us to deliver housing, at pace, and ensure we address the needs of vulnerable people and those experiencing homelessness in Calgary.”