A decrease, instead of an increase, in Calgary’s affordable housing
Posted Dec 4, 2010 9:11 am.
This article is more than 5 years old.
After shutting down a 72 unit, affordable housing complex in Eau Claire, and opening up a new, 88 unit highrise downtown at 4th Avenue Southwest, it appears the City has ended up with a net loss in the number of deep subsidy units it has available for the city’s most impoverished.
And the Calgary Herald reports some of the 88 units at Louise Station are being offered for rent for people who make less than $45,000 a year.
That’s despite the fact there are some 4200 Calgarians currently on the Calgary Housing Company’s waiting list.
Alderman Brian Pincott tells the Herald, the “vast, vast, vast majority of those poeple on our waiting list are people who need a lot deeper subsidies.”
The Eau Claire complex was exclusively for people requiring deep subsidies. But there are only 26 such suites available at Louise Station, which would indicate a net loss of 46 suites.
The site of the old Eau Claire building has been sold to condo developers. The City then spent millions building Louise Station on 4th Avenue Southwest.
