EDMONTON — Alberta is now accepting the next round of applications for its Affordable Housing Partnership Program (AHPP) and up to $150 million is available to support innovative housing solutions.
The funding is the largest to date and will significantly increase affordable housing in Alberta, states a release.
Applicants can submit their affordable housing project applications from Nov. 22 to Jan. 31, 2025. All proposals will be assessed based on local community needs, ability to achieve outcomes for Albertans with low income and value for taxpayer money. Details on eligibility and the application process can be found online.
Funding for the AHPP is eligible for cost-matching through the Canada-Alberta Bilateral Agreement under the National Housing Strategy, the release continues.
In particular, the AHPP provide funding for mixed-income developments with an affordable and/or social housing component, mixed-use developments with an affordable and/or social housing component and specialized housing.
Types of construction projects can include:
- Additions to or renovations of existing housing resulting in a minimum five net new affordable housing units;
- conversions of non-rental housing (e.g., hotel or commercial space);
- redevelopments on existing sites involving demolition and new construction; and
- building new housing.
Since 2022, the program has invested about $189 million to support more than 1,500 housing units and more than 300 shelter spaces in 15 communities.
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