Province announces help for housing providers to fight inflation
Alberta’s government has announced it is providing housing providers with a one-time $10-million increase in operating funding to help them continue to house low-income Albertans during high inflation.
As Alberta’s housing providers face higher expenses due to inflation, the government says it is taking immediate action to support them and help keep units open. The additional funding to 87 housing providers throughout the province is expected to help with utilities, staffing, supplies and other housing-related costs, say government officials. This ultimately also helps the more than 108,500 Albertans who currently live in more than 58,600 government-subsidized housing units, officials point out.
“The challenges of inflation continue to be felt by all Albertans,” states Jason Nixon, Minister of Seniors, Community and Social Services. “We’ve heard housing providers loud and clear that they need more support to ensure their units can continue to be safe, stable and affordable places to live for low-income Albertans.”
Government officials say the one-time funding has already been received by the province’s housing providers so they can address their immediate needs. It is said to be in addition to the $165.9 million over three years that Budget 2023 allocated for housing providers to operate family and community housing. Through the Stronger Foundations plan, Alberta’s government says it is supporting $9 billion in housing investments to provide affordable housing for 82,000 more households by 2031.


