Ottawa, Alberta Pledge to Build 1,460 Affordable Houses

The federal government and Alberta are pledging to build at least 1,460 affordable housing units across the province. Ottawa will provide up to $220 million through Build Canada Homes, a federal agency formed to speed up the delivery of the housing, while Alberta will pay up to $165 million. The governments are expecting to receive $238 million from other sources. A news release says the 21 planned housing projects will include supportive and transitional housing. There is a target of building at least 500 homes using modern methods of construction, including off-site and factory-built approaches. Build Canada Homes and Alberta will also establish a “joint collaboration table” to identify priority projects and coordinate investments.

Ottawa, Alberta Pledge to Build 1,460 Affordable Houses

TL;DR

  • Federal and Alberta governments pledge to build at least 1,460 affordable housing units.
  • Ottawa will contribute up to $220 million through Build Canada Homes.
  • Alberta will contribute up to $165 million.
  • An additional $238 million is expected from other sources.
  • Projects will include supportive and transitional housing.
  • Target to build at least 500 homes using modern construction methods.
  • A joint collaboration table will be established to coordinate investments and identify priority projects.