As Alberta’s housing providers face higher expenses due to inflation, the government is taking immediate action to support them and help keep units open. The additional funding to 87 housing providers throughout the province will help with utilities, staffing, supplies and other housing-related costs. This ultimately also helps the more than 108,500 Albertans who currently live in more than 58,600 government-subsidized housing units.
“The challenges of inflation continue to be felt by all Albertans. We’ve heard housing providers loud and clear that they need more support to ensure their units can continue to be safe, stable and affordable places to live for low-income Albertans.”
The one-time funding has already been received by the province’s housing providers so they can address their immediate needs. It is in addition to the $165.9 million over three years that Budget 2023 allocated for housing providers to operate family and community housing. Through the Stronger Foundations plan, Alberta’s government is supporting $9 billion in housing investments to provide affordable housing for 82,000 more households by 2031.
“Every Albertan is feeling the pinch of rising costs and community housing providers are no exception. These additional funds will go towards keeping rents as affordable as possible and are much welcome during these times.”
Quick facts
- 2023 affordable housing investments:
- 1,948 units committed to development
- $110 million committed over three years for capital maintenance and renewal funding
- $193 million committed for the Affordable Housing Partnership Program
- 2023 affordable housing announcements:
- Leduc Gaetz Landing - $2 million
- Blackfoot Family Lodge - $3.4 million
- Capital maintenance and renewal - $16 million
- Stepping Stones Crisis Society - $2 million
- Métis Community Association & Communitas Group - $2.6 million
- Capital Maintenance and Renewal for Women's Shelters - $2.1 million
- Victor Lake Elders Lodge - $1.25 million
- Affordable Housing for Ukrainian evacuees - $16.7 million
- Woodland Creek First Nation - $2.2 million
- Paddle Prairie Metis Settlement - $2.8 million
- Medicine Hat Community Housing Society - $5.2 million
- Fort Chipewyan Métis Association - $1 million
- O'Chiese First Nation - $2.9 million
- YW Calgary Sherriff King - $2.3 million
Related news
- Renovating and repairing affordable housing units (Nov. 22, 2023)
- Affordable housing units to receive upgrade (Sept. 13, 2023)
- Affordable Housing Partnership Program – Approved projects list