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41 projects province-wide

Canada, Alberta gov’ts announce $323 million for affordable housing

May 13, 2026 | 2:47 PM

The governments of Alberta and Canada are investing $323 million into affordable housing projects.

The announcement is part of the Build Canada Homes initiative, announced earlier this year by the Carney-led Liberal government in Ottawa.

It was announced today this funding will build more than 3,600 units across 41 projects in Alberta.

That will include 70 additional spaces in shelters for vulnerable women.

Housing types include multi-family affordable housing, office-to-residential conversions, seniors housing, emergency shelters, transitional housing and supportive living. This investment is cost-matched by both governments thanks to the Canada – Alberta Bilateral Agreement under the National Housing Strategy.

“Alberta is one of the fastest-growing places in Canada, and for good reason. People are choosing Alberta to build their careers, raise their families, and be part of growing communities. That growth is a sign of strength, but it also means we need to build more homes, faster,” said Eleanor Olszewski, Minister of Emergency Management and Community Resilience, Minister responsible for Prairies Economic Development Canada, and Member of Parliament for Edmonton Centre

“Through the Affordable Housing Partnership Program, Canada’s new government is helping accelerate the construction of the homes Albertans need, while responding to the unique needs of communities across the province. This partnership is another way we are delivering on the commitment we made in Budget 2025 and the Spring Economic Update: to help people find a safe, stable place to call home while building stronger communities for a stronger Canada.”

Jason Nixon, Alberta’s Minister of Assisted Living and Social Services and Minister responsible for Housing, also commented.

“You can’t have strong communities without places for people to live,” said Nixon.

“That’s why we’re building affordable housing in every corner of this province, and we’re doing it by partnering with the people on the ground who know their communities best and how to deliver real results.”

Funding for affordable housing projects from today’s announcement includes:

Outside Calgary and Edmonton

  • $20.2 million for The Young Women’s Christian Association (YWCA) of Banff to deliver the Higher Ground Project in Canmore — New construction
  • $13.6 million for Smith Social Enterprises Ltd. for the Smith Lands Project in Grande Prairie — New construction
  • $10.9 million for Heartland Housing Foundation for the 101 Street Fort Saskatchewan Development (originally received a land transfer through AHPP in 2025) — New construction
  • $4.8 million for Meridian Housing Foundation for a multi-family project in Spruce Grove — New construction
  • $3.7 million for 1940828 Alberta Inc. for Shine Homes Olds Living in Olds — New construction
  • $3.4 million for Newell Housing Foundation for the Connection Flats Independent Living Village in Bassano — New construction
  • $2.1 million for Wellspring Family Resource & Crisis Centre Society for transitional housing in Whitecourt — New construction
  • $1.4 million for Porcupine Hills Seniors Foundation for the lodge cottages expansion in Claresholm — New construction
  • $1 million for Streets Alive Family Support Association for the Exodus Men’s recovery program in Lethbridge — New construction
  • $937,000 for The Broom Tree Foundation Ltd. for The Broom Tree House in Lacombe — New construction
  • $850,000 for Westwinds Communities for the D’Arcy townhomes in Okotoks — New construction
  • $520,947 for Clients Ongoing Rehabilitation and Equality (CORE) Association for a sensory-friendly home in Medicine Hat — New construction
  • $250,000 for Etana Supports Society for Dan’s Place in Red Deer — New construction

Edmonton

  • $22.9 million for Civida for the Belmont multi-family development (surplus school site) — New construction
  • $22.9 million for Civida for the Caernarvon multi-family development (surplus school site) — New construction
  • $9.3 million for Vivid 1 Concepts Ltd for the Diamond of Dunluce project (surplus school site) — New construction
  • $16.3 million for Brentwood Family Housing Society for Brentwood Builds Phase 2 — New construction
  • $336,385 for C.A.R.E. (Creating Accessible Residential Environments) Housing Society for a barrier-free home for persons with severe disabilities — New construction
  • $8.9 million for Edmonton City Centre Church Corp. Corporation (e4c) for the E4C Purpose-Built Building Project — New construction
  • $1 million for Jasper Place Wellness Centre to complete multiple projects — New construction
  • $8.7 million for Right at Home Housing Society for Rowland Road seniors’ housing   — New construction
  • $4.3 million for Right at Home Housing Society for the Edmonton renewal and expansion project — New construction
  • $5 million for Right at Home Housing Society for the Kiniski Gardens affordable housing project — New construction
  • $5 million for the City of Edmonton Non-Profit Housing Corporation (HomeEd) for the Lymburn project (surplus school site) — New construction
  • $5.4 million for the Women in Need (WIN) House of Edmonton for the second and third stage transitional housing project — New construction$2.3 million for Elizabeth Fry Society of Northern Alberta for the Community of Hope shelter relocation — Motel conversion
  • $5.5 million for GEF Seniors Housing for the Aspera Apartments conversion — Apartment conversion
  • $7 million for La Perle Development Ltd. for La Perle Village — New construction
  • $550,000 for Purposeful Property Investments Inc. for the CarePros Alternative Level of Care initiative — Single family home conversions

Calgary

  • $14.5 million for 2382197 Alberta Inc. for the 510 5th Street conversion — Office conversion 
  • $6.8 million for HomeSpace Society for the Evergreen Family Housing townhouse development — New construction
  • $8.5 million for HomeSpace Society for the 1000–8 Avenue conversion — Office conversion
  • $20 million for Calhome Properties Ltd. (Calgary Housing Company) for the Midfield Heights mixed-income housing project — New construction. This funding was announced in May 2026.
  • $4.8 million for Calgary Dream Centre for CDC Erlton House — New construction
  • $10.3 million for 2721423 Alberta Inc. for Aspire Sage Hill — New construction
  • $31.3 million for Dream Asset Management Corp. for the Alpine Park Village Centre project — New construction
  • $12.5 million for Attainable Homes Calgary Corp. for the factory-built apartment development in Sunnyside — New construction
  • $5.4 million for Calgary Catholic Immigration Society for the CCIS Affordable Housing Project — New construction
  • $12.1 million for Norfolk Housing Association for the Pemberton Combined Project — New construction
  • $4.4 million for Multi Generational Housing and Community Centre for the Generations Calgary expansion — New construction
  • $3.4 million for Silvera for Seniors for the Silvera Livingston Terrace townhome project — New construction