Mon. Nov 11th, 2024

Three non-profit affordable housing providers in Calgary are one step closer to being able to provide more units to Calgarians in need.

On Monday, the City of Calgary announced it awarded three parcels of city-owned land to the housing providers, which they said will create an estimated 100 new affordable homes.

Trellis Society for Community Impact purchased city land in Bowness, Calgary Dream Centre got land in Erlton and the Liberty Housing Organization got land in Parkdale.

The non-market housing land sales fit with the city’s housing strategy and follow two similar sales earlier this year that produced nearly 290 affordable homes.

3:03
Trudeau, Smith weigh in on what’s next for Calgary’s newly-approved housing strategy


Trending Now

Italian PM Giorgia Meloni splits from partner after lewd TV comments

‘I’m furious’: Chief accessibility officer’s wheelchair left in Toronto by Air Canada flight

The sites were offered at below market value as part of a council-approved policy that releases up to 10 parcels of developable land every two years, a move that’s designed to increase the offerings from non-profit housing providers.

Story continues below advertisement

“To help address the housing crisis, it’s important we create more homes in all neighbourhoods throughout Calgary. That includes increasing the supply of non-market housing,” Tim Ward, manager of housing solutions, said.

“We are privileged to partner with these three non-profit affordable housing providers to benefit all Calgarians, especially those in greatest need of a safe place to call home.”

&copy 2023 Global News, a division of Corus Entertainment Inc.

Checkout latest world news below links :
World News || Latest News || U.S. News

Source link

The post Calgary sells 3 parcels for affordable housing – Calgary | Globalnews.ca appeared first on WorldNewsEra.

By

Leave a Reply

Your email address will not be published.