City of Edmonton on track to exceed four-year affordable housing targets
CBC
The City of Edmonton is on track to meet — or, potentially, exceed — affordable housing targets it set four years ago.
In 2018, the city committed to spend $132 million for 600 supportive housing units, which require staff to help tenants with a range of services, and 2,500 new or renovated affordable housing units from 2019 through 2022.
The city says it expects to surpass those targets and is setting ambitious four-year housing goals.
"If we want to support Edmontonians in being more resilient and being able to maintain housing, we need to ensure that there's an adequate supply of affordable housing for all," said Christel Kjenner, the city's director of housing and homelessness.
"The success we've had in the last five years demonstrates that it is possible and it is doable, and we need to continue to build on this momentum."
Councillors will be discussing new reports regarding Edmonton's housing and homelessness initiatives at the end of the month. A one-year update of progress so far was provided Friday.
As of June 1, the city had committed $115 million in land and grants toward nearly 650 supportive housing units and about 2,400 affordable housing units.
Provincial fundings was used to refurbish roughly 1,560 units of city-owned social housing.
The city expects 1,500 of those affordable housing units will be online this year, including more than 400 supportive housing units, according to a city spokesperson.
In the fall, city administration plans to ask council for more money to help create 2,400 to 3,500 new and refurbished units by the end of 2026.
Kjenner said affordable housing is vital to addressing homelessness long-term.
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The city says 57 per cent of Indigenous people renting households in 2016 needed more affordable or adequate housing — more than double the city average.
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