Alberta Mirror

Sunday, February 5, 2023

The city of Edmonton delighted by housing allocation in the federal budget

Alberta

Key takeaways: 

  • City looking for $100M from Ottawa in the third round of prompt housing initiative.
  • A complex in Inglewood is one of five permanent supportive housing schemes the City of Edmonton has been working on for nearly two years, slated to open this spring. 

The City of Edmonton accepts the federal government spending more funds for inexpensive housing projects, although it’s unclear how much Alberta’s capital city will get.

The 2022 budget was revealed Thursday. It had $1.5 billion, over two years, for the Rapid Housing Initiative (RHI), a program set to help make affordable housing during the COVID-19 outbreak.

Hani Quon, the city’s acting director of reasonable housing and homelessness, doesn’t know what Edmonton’s part will be — but he knows what he’d like. 

“A per capita calculation makes sense,” Quon informed CBC News Friday. “In our best estimates, that amounts to around $100 million.”

In October 2020, the federal government launched the RHI through the Canada Housing and Mortgage Corporation (CMHC), an inexpensive housing Crown corporation, and fronted $1 billion for affordable housing projects.

Read more: With a windfall from Ottawa arrives significant weather anticipations for the oilpatch

City looking for $100M from Ottawa

Previous June, it set another $1.5 billion toward the RHI.

The combined spending is predicted to result in more than 10,250 units being constructed across the nation, according to the CMHC website.

Edmonton got $61 million total through the program to build 348 supportive housing teams so far, Quon said. The city is constructing five modular buildings in Inglewood, King Edward Park, Terrace Heights, McArthur/Wellington, and Westmount for 210 units. 

Two hotels are also being transformed into supportive housing complexes: the former Sands Inn & Suites on Fort Road will be headed by Niginan Housing, and the Days Inn on University Avenue will be operated by the Mustard Seed for another 138.

Meanwhile, 98 studio apartments at the ex Coliseum Inn on 118th Avenue and Wayne Gretzky Drive are completed.

Source – cbc.ca

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