‘No decisions’ on Calgary’s federal housing funding, according to CMHC
NeutralWorld Affairs

- Calgary city administration announced that the federal funding for housing has been paused, as indicated in a memo to the city council. The Canada Mortgage and Housing Corporation (CMHC) stated that no final decisions have been made regarding this funding, which is critical for local housing initiatives.
- The pause on the $129 million in federal housing funds is significant for Calgary, as it may hinder the city's ability to address housing shortages and implement necessary developments. The city council's upcoming discussions will be pivotal in determining the future of these funds.
- This situation reflects ongoing tensions surrounding citywide rezoning policies and their impact on housing funding. As the city council prepares to debate motions related to these policies, the outcome could have lasting implications for Calgary's housing strategy and its response to community needs.
— via World Pulse Now AI Editorial System







