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Calgary Herald
11-07-2025
- Business
- Calgary Herald
$203M in funding announced for affordable Alberta housing
The Alberta and federal governments announced Friday they were together spending $203 million to fund 25 projects and add 2,300 more units of housing. Article content The outlay is from the Affordable Housing Partnership Program, a 10-year program between the two governments that sees them split costs equally. Article content Article content 'This is one area where we continue to see pretty significant partnership between the province of Alberta and the federal government and a strong dedication by both governments to continue to invest in housing to make sure that Canada can continue to move forward, particularly in places like Alberta, where we see unprecedented growth,' said Assisted Living and Social Services Minister Jason Nixon in announcing the spending. Article content Article content Edmonton-Centre MP and Prairies Economic Development Minister Eleanor Olszewski said the joint spending will help address the housing crisis. Article content Article content 'It shows you that when governments choose to lead and to work together, we can do really big things,' she said. Article content More than $41 million of the money announced Friday is slated to be distributed across five Edmonton-area developments. Article content Nearly half of that, or $20 million, is going Civida to build mixed-use, mixed-income affordable housing. Article content The Brentwood Family Housing Society is slated to receive $6.69 million to build affordable housing for families, with a 12621665 Canada Association also to get $6 million for the same cause. Article content The Mustard Seed Foundation is set to receive $4.67 million to build supportive housing. Article content And, $4.05 million is to be devoted for Williams Hall at the former downtown YMCA site to build mixed-use affordable housing with a focus on supporting young adults, students, and individuals facing rental barriers. Article content Article content 'We knew that the spirit of this new vision would involve focusing on young adult Albertans and providing them a space where they can start their adult lives on the right foot,' said Ivan Beljan, whose company is leading the development of the Williams Hall site. Article content Friday's announcement sets aside just over $117 million for nine grant recipients in Calgary. Article content A further $44.6 million is also set aside for seven other recipients across Alberta, including projects in St. Albert, Sherwood Park, Banff, Jasper, Okotoks, Strathmore, and Canmore. Article content Separate land transfers in Olds and Fort Saskatchewan were also announced to aid in construction of affordable housing. Article content
Edmonton Journal
11-07-2025
- Business
- Edmonton Journal
$203M in funding announced for affordable Alberta housing
The Alberta and federal governments announced Friday they were together spending $203 million to fund 25 projects and add 2,300 more units of housing. Article content The outlay is from the Affordable Housing Partnership Program, a 10-year program between the two governments that sees them split costs equally. Article content Article content 'This is one area where we continue to see pretty significant partnership between the province of Alberta and the federal government and a strong dedication by both governments to continue to invest in housing to make sure that Canada can continue to move forward, particularly in places like Alberta, where we see unprecedented growth,' said Assisted Living and Social Services Minister Jason Nixon in announcing the spending. Article content Article content Article content Edmonton-Centre MP and Prairies Economic Development Minister Eleanor Olszewski said the joint spending will help address the housing crisis. Article content Article content 'It shows you that when governments choose to lead and to work together, we can do really big things,' she said. Article content More than $41 million of the money announced Friday is slated to be distributed across five Edmonton-area developments. Article content The Brentwood Family Housing Society is slated to receive $6.69 million to build affordable housing for families, with a 12621665 Canada Association also to get $6 million for the same cause. Article content The Mustard Seed Foundation is set to receive $4.67 million to build supportive housing. Article content And, $4.05 million is to be devoted for Williams Hall at the former downtown YMCA site to build mixed-use affordable housing with a focus on supporting young adults, students, and individuals facing rental barriers. Article content Article content Article content 'We knew that the spirit of this new vision would involve focusing on young adult Albertans and providing them a space where they can start their adult lives on the right foot,' said Ivan Beljan, whose company is leading the development of the Williams Hall site. Article content Friday's announcement sets aside just over $117 million for nine grant recipients in Calgary. Article content A further $44.6 million is also set aside for seven other recipients across Alberta, including projects in St. Albert, Sherwood Park, Banff, Jasper, Okotoks, Strathmore, and Canmore. Article content Separate land transfers in Olds and Fort Saskatchewan were also announced to aid in construction of affordable housing. Article content Article content
