Today, the system that should be the foundation of Alberta’s prosperity and quality of life is cracked. It’s buckling under the weight of an outdated and complex system that hasn’t been structurally updated in more than 20 years. Not to mention the thousands of Albertans stuck on waitlists. As I’ve said before, things will only get worse if we don’t make changes.
That is why I am pleased to release 'Stronger Foundations: Alberta’s 10-year strategy to improve and expand affordable housing'. Over the next 10 years, Alberta’s government will take bold action to provide more affordable housing options that meet the needs of Albertans with low income. The strategy outlines how we will support an additional 25,000 household to increase the total number of household served to 82,000 – an increase of more than 40% over 10 years – by:
- supporting those most in need
- improving access
- increasing planning and governance
- enhancing sustainability and efficiency
- enabling growth and investment
I have introduced legislation to set the stage for key initiatives under 'Stronger Foundations' to increase opportunities for partnerships, ensure appropriate oversight of new ventures, and improve governance and capacity across the housing sector.
Work is already underway on a framework to govern partnerships with the private and nonprofit sectors, and a plan to manage government-owned affordable housing assets. We will also continue to improve the Find Housing online tool and expand the Rent Supplement Program.
'Stronger Foundations' balances bold and careful changes. Along with our housing partners, we will proceed thoughtfully and carefully over the next 10 years, and we will be mindful to continue to protect the most vulnerable, to ensure they are not left behind.
Albertans elected this government on a platform to provide more affordable housing to those who need it, and we are keeping that promise.