Affordability top of mind ahead of Calgary’s housing strategy debate

Calgary's city council is preparing to debate its new housing strategy, Home is Here – The City of Calgary's Housing Strategy 2024-2030, which seeks to address the need for more affordable housing and the diversity of housing supply. The strategy includes 80 action items and is backed by funding from the local homebuilders' initiative, Resolve. The need for more non-market housing is highlighted by the new Norris House complex, which is nearly full and expected to be fully occupied within weeks. According to the city, there are 84,600 households in Calgary struggling to afford housing and the wait lists for social housing have increased by 18

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National Day for Truth and Reconciliation

National Day for Truth and Reconciliation honours survivors and raises awareness about their experiences.
It's a symbol of Canada's commitment to reconciliation with Indigenous communities.
Wearing orange shirts on this day symbolizes respect for survivors and raises awareness about residential schools.
May this day inspire a future where every voice is heard, and every spirit is healed.
Together, we can create a tomorrow filled with hope and endless possibilities.

Calgary landlords can’t afford property costs after interest hikes

Due to the 10 hikes in federal interest rates since March 2022, landlords in Calgary are struggling to cover their mortgage payments and other costs. Some landlords have been forced to increase rents on their tenants to make up for the added expenses, while others have had to sell their rental properties in order to avoid financial losses. The Bank of Canada's decision to halt a hike in the interest rate on Sept. 6 was called a "welcome relief" by Finance Minister Chrystia Freeland, but the long-term effects of rising interest rates on Calgary landlords remain to be seen.

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Calgary city council divided on zoning reform in proposed housing strategy

City councillors will be deciding on a housing affordability strategy in one week that includes a recommendation to change the base residential zoning district to RC-G, which would allow for duplexes, triplexes, and row houses. This has some councillors at odds, with Ward 1 Coun. Sonya Sharp proposing a motion to streamline the current zoning process instead. The motion was voted against, but Sharp plans to explore other alternatives for the housing strategy debate.

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Pilot proposed to streamline housing development process in Calgary

Seven Calgary city councillors have proposed a Notice of Motion to speed up the process of up-zoning applications, allowing for higher-density residences such as townhouses and rowhouses that would not require a land-use redesignation application. However, Calgary Mayor Jyoti Gondek believes this is too early and insufficient a solution to the city's housing crisis and should instead be part of the Housing and Affordability Task Force discussion on September 14.

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