Red Deer considering whether empty hotels could be used for affordable housing
Could empty hotels in Red Deer be converted into affordable housing units?
It’s a possibility after the federal government announced this week it’s created a $1 billion rapid housing program, which involves buying hotels and motels for that express purpose. It also says dollars could be used for the acquisition of land and to build modular housing.
The Liberals, who are rolling out the money through the Canada Mortgage and Housing Corporation, aim to create 3,000 new units nationwide.
The City of Red Deer is currently looking into its options with community partners, according to Ryan Veldkamp, social planning supervisor, who says they would want to find someone to maintain such a building long-term.