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Calgary's first city-owned affordable housing project in 5 years opens in Crescent Heights ‘We know there is a desperate need in our community to do this,’ mayor says Posted: May 17, 2017 6:00 PM MT Last Updated: May 19, 2017 2:53 PM MT The three-storey building at 210 15th Ave. N.E. contains four studio units, four one-bedroom units, four two-bedroom units and four three-bedroom units. (Justin Pennell/CBC) City of Calgary to open new affordable housing units for first time in years The opening of a new affordable housing development in Crescent Heights was celebrated Wednesday, but officials say there's a desperate need for more buildings like it in Calgary. The 16-unit building is the city's first affordable housing project to open in the last five years. It will be managed by Calgary Housing Company, a city-owned corporation. Aging affordable housing gets $18M boost for repairs and renovations Sarah Woodgate, director of Calgary Housing and president of the Calgary Housing Company, said the new project is a mixed model, meaning people with a variety of income levels will call the building home. Some families will pay as little as $350 a month, while other tenants will pay 90 per cent of the market rate. That setup provides a sustainable operating model, Woodgate said. Officials on hand at the opening included Ward 7 Councillor Druh Farrell, MLA Sandra Jansen, Sarah Woodgate, director of Calgary Housing and president of the Calgary Housing Company, and mayor Naheed Nenshi. (Justin Pennell/CBC) Speaking at the building's opening, Mayor Naheed Nenshi said much work remains to be done as the waiting list for Calgary Housing numbers 4,000 households.
For the original version including any supplementary images or video, visit http://www.cbc.ca/news/canada/calgary/affordable-housing-development-opens-calgary-crescent-heights-1.4120708
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