Mayor Don Iveson is calling on the provincial and federal governments to provide $1.127 billion for affordable housing in Edmonton over the next five years.
Affordable housing reduces the strain on the health care, social services and justice systems, he said. “Just think of the money we will all save on health care and policing when someone is properly housed and supported,” Iveson said. “Think of the opportunities for work and education that happen when someone is warm and stable.”
There are “shovel-ready” projects that would provide 5,000 new affordable units in Edmonton as soon as the money is in place from the federal and provincial governments, he said. Those units would include 3,654 apartments, 920 permanent supportive housing suites, 180 secondary suites and 233 seniors’ apartments, a city news release said. City council has already approved $140 million to support these developments, it said.