The federal government announced plans on Thursday to spend $24.6 million on new affordable homes in Calgary.
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CBC News ·
Posted: Dec 17, 2020 11:45 AM MT | Last Updated: December 17, 2020
The federal government is allocating $24.6 million from the CMHC s rapid housing initiative to build 176 new units in Calgary.(Gregory Bull/The Associated Press) comments
The federal government announced plans on Thursday to spend $24.6 million on new affordable homes in Calgary.
The funding from the rapid housing initiative of the Canada Mortgage and Housing Corporation (CMHC) will be used by three organizations to construct a total of 176 housing units:
Silvera for Seniors will use its portion to complete a hotel conversion in the city s northeast into a 120-unit seniors residence.