First Round of Housing Capital Initiative Funds 480 New Units
- Clearview Insider
- 2 days ago
- 1 min read
Calgary has awarded $30 million in capital funding to seven local organizations to build 480 affordable housing units across the city. From Forest Lawn to Parkdale to Downtown West, this city-backed initiative is targeting shovel-ready projects that can deliver real housing relief in the near term.
As population growth continues to accelerate, Calgary’s housing strategy is beginning to take shape at the project level. With another $30 million in HCI funding expected later this year, the total impact could exceed 1,000 new affordable homes.
The focus is clear: move fast, build smart, and meet Calgarians where the need is greatest.
Reference: CityNews Calgary, “Calgary doles out $30M to build 480 affordable homes,” May 12, 2025. https://calgary.citynews.ca/2025/05/12/calgary-housing-capital-initiative/
Connect with ClearView: Want to explore how affordable housing policy and capital programs are influencing land value, permitting, or redevelopment strategy? Contact us at info@cvpartners.ca — we’re here to help you navigate Calgary’s shifting housing landscape.