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Old 09-22-2023, 10:40 AM   #1713
Torture
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No word on dollars yet, but this is good news and likely wouldn't have happened without approving the affordability strategy.

Quote:
Calgary will receive a yet-to-be-disclosed amount of federal funding for new housing builds after the city’s application to the Housing Accelerator Fund was approved.

In a letter, federal Housing Minister Sean Fraser informed Mayor Jyoti Gondek on Sept. 21 that the city’s application to the program was successful.

His letter comes after city council voted in favour of a new seven-year housing strategy on Sept. 16 — a plan that intends to boost the city’s market and non-market housing supply by loosening residential zoning restrictions to allow for more density and accelerating affordable-housing projects.
London, ON received $74M from the $4B program so I think it's safe to expect this to be a pretty sizeable cheque.

https://calgaryherald.com/news/local...ation-approved
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