The Alberta Housing Crisis The lack of affordable rental housing and the sharp rise in rents have become key issues in Alberta. [...] However, we are deeply concerned by reduced investments in affordable and social housing in the forecast budget, and the reliance on the private sector to fill the supply gap. [...] Stabilizing the cash flow of the Alberta Social Housing Corporation, allocating some of the budget surplus towards provincial housing programs and matching funding with core housing needs can help ensure that Alberta has a reliable, sustainable stock of affordable housing in the long run. [...] Prioritize partnerships with non-profit housing providers While the 2022-2025 Capital Plan proposes significant funding commitments towards affordable housing partnerships with the private sector, the pace and type of supply currently created by the private market does not respond to the needs of vulnerable Albertans. [...] Leverage public land and assets for affordable housing The provincial government has a wide portfolio of land and immovable assets that can be leveraged to stimulate the supply of affordable housing for the long term.
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