The city of Edmonton has launched new funding for affordable housing, with one stream specifically for Indigenous-led housing providers.
The city will provide up to 25% of total capital costs for affordable housing and grants of up to 40% will be considered for proposals that include subsidies for priority groups, such as women and children fleeing domestic violence, exceeding energy efficiency targets, and providing larger units.
Rionel Comia is the manager of project development for affordable housing and said the grants will help now and into the future.
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One in eight households, one in four renter households and one in three Indigenous renter households are in core housing need, meaning they pay too much for housing or live in crowded or unsafe conditions and can’t afford to move. This number is projected to increase in the next five years.
By 2031, the city of Edmonton says it will need 39,700 more affordable rental housing units, 1,400 – 1,700 units of supportive housing and 189 units of Transitional Housing to address the demand for affordable, adequate and suitable housing.
Grant applications will be accepted until April 25, 2025.
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