Calgary’s $129M in federal housing funds ‘paused’ pending citywide rezoning status
NeutralWorld Affairs
- Calgary city council is set to debate a motion in December that calls for the repeal of the citywide rezoning policy, which has resulted in the pause of $129 million in federal housing funds. A public hearing is anticipated in the spring to discuss the implications of this motion.
- The potential repeal of the citywide rezoning policy is significant as it directly impacts the availability of federal housing funding, which is crucial for addressing housing shortages in Calgary. The outcome of the council's decision could shape the city's housing landscape for years to come.
- This development highlights ongoing tensions within Calgary regarding housing policy and funding, as the city grapples with balancing growth and community needs. The proposed budget discussions for 2026, which include a property tax increase, further complicate the financial landscape, raising questions about the city's priorities and the sustainability of its housing initiatives.
— via World Pulse Now AI Editorial System
