A $10-million grant from the federal government will build eight new affordable housing projects across rural Alberta out of shipping containers. The first project, which will also receive provincial funding, will house 78 people in 33 units in Banff near the YWCA. The town has a vacancy rate that hovers near zero per cent.

The units will rent at 20 per cent below market value when they are completed next year, and will include four suites that are built for people with accessibility needs.