Overview

• The joint funding will deliver more than 2,300 affordable units across Alberta, targeting young adults, students and those facing homelessness
• Over $41 million is earmarked for five Edmonton-area developments, including $20 million to Civida for mixed-use, mixed-income housing
• Funding comes from the Affordable Housing Partnership Program, a ten-year initiative in which both governments split costs equally
• Ministers say this first tranche advances Alberta’s long-term housing goal while stimulating local economies and creating Canadian jobs
• Prairies Economic Development Minister Eleanor Olszewski emphasized the use of domestic technology, labour and materials to boost Canada’s housing industry