[IanO]

City to provide updates on affordable housing​

June 17, 2022 News media are invited to join Christel Kjenner, director of Affordable Housing and Homelessness, for an update on the City’s plans for affordable housing and background on eight reports going to the Community and Public Services Committee on June 27. Date: Friday, June 17 Time: 1 p.m. Location: Main Floor Media Room (NW corner), City Hall Please RSVP to brent.wittmeier@edmonton.ca. The media availability will be recorded and can be shared by request for those who cannot join at the scheduled time.​

Media contact: Brent Wittmeier Senior Marketing Strategist Communications and Engagement 780-619-1925​

 

[IanO]

City exceeds affordable housing targets, lays out next steps for future investments​

June 17, 2022 The City of Edmonton is on track to eclipse its four-year affordable housing targets, and new investments will be required to maintain momentum. Eight reports will be tabled at the Community and Public Services Committee on June 27, setting the stage for fall discussions of the next four-year affordable housing plan. More information is available in this backgrounder. “Affordable housing is essential social infrastructure for a safe and inclusive city,” said Christel Kjenner, director of Affordable Housing and Homelessness. “We’ve created real momentum through consistency and predictability, which will make a world of difference to thousands of Edmontonians struggling to keep a roof over their heads.” The City expects to surpass its 2019-2022 targets of 600 supportive housing units and 2,500 new or renovated affordable housing units overall. The City has already committed to 644 supportive housing units and 2,404 affordable units, renovating another 1,559 units of City-owned social housing. Another 439 affordable housing units expected by year’s end would bring the total to 4,402. A new Affordable Housing Needs Assessment, to be finalized this fall, notes that one in four Edmonton renter households struggles with affordability and higher than national rates of low-income households. Households with a disability or severe health need, racialized and Indigenous households, as well as seniors and single mothers are particularly at risk. Three funding scenarios are also being proposed ahead of City Council’s budget deliberations in the fall, including targets of 2,400 to 3,500 new and refurbished units in the next four years.​

For more information: Backgrounder Media contact: Brent Wittmeier Senior Marketing Strategist Communications and Engagement 780-619-1925​

 

[CplKlinger]

City exceeds affordable housing targets, lays out next steps for future investments​

June 17, 2022 The City of Edmonton is on track to eclipse its four-year affordable housing targets, and new investments will be required to maintain momentum. Eight reports will be tabled at the Community and Public Services Committee on June 27, setting the stage for fall discussions of the next four-year affordable housing plan. More information is available in this backgrounder. “Affordable housing is essential social infrastructure for a safe and inclusive city,” said Christel Kjenner, director of Affordable Housing and Homelessness. “We’ve created real momentum through consistency and predictability, which will make a world of difference to thousands of Edmontonians struggling to keep a roof over their heads.” The City expects to surpass its 2019-2022 targets of 600 supportive housing units and 2,500 new or renovated affordable housing units overall. The City has already committed to 644 supportive housing units and 2,404 affordable units, renovating another 1,559 units of City-owned social housing. Another 439 affordable housing units expected by year’s end would bring the total to 4,402. A new Affordable Housing Needs Assessment, to be finalized this fall, notes that one in four Edmonton renter households struggles with affordability and higher than national rates of low-income households. Households with a disability or severe health need, racialized and Indigenous households, as well as seniors and single mothers are particularly at risk. Three funding scenarios are also being proposed ahead of City Council’s budget deliberations in the fall, including targets of 2,400 to 3,500 new and refurbished units in the next four years.​

For more information: Backgrounder Media contact: Brent Wittmeier Senior Marketing Strategist Communications and Engagement 780-619-1925​

Here's a news article about it

 

[ION]

Good but unfortunately when the problem grows the needs "met" are still a losing sum game... I don't want to say housing affordability and free market real estate are like oil and water but I'm struggling to find a more apt analogy...

 

[ION]

aka the situation is fluid but not in a good way... Simply put the demand for "affordable" housing has never been larger despite how people are framing it.

 

[northlands]

Michael Janz: Why Edmonton needs a tax on mansions

The pandemic has shone a floodlight on rapidly growing inequality in our community and society. While some have made out like bandits, others are increasingly…

edmontonjournal.com

More from Janz on his proposed Mansion tax.

 

[CplKlinger]

The Capilano building as seen a couple days ago!

 

[IanO]

https://twitter.com/MPelletierCIO/st...97696053776384

 

[archited]

A pointless and largely inaccurate comparison.

 

[Avenuer]

A pointless and largely inaccurate comparison.

How is that inaccurate?

 

[archited]

^^^^ Looking at all of Canada, the population is largely centered in just three Cities: GMA Toronto, GMA Vancouver and GMA Montreal -- two of which have extremely high house prices, thereby skewing the Canadian average. The U.S. on the other hand has a more rural lifestyle-mode, depressing the average. Ergo, a pointless comparison that misleads the reader to inaccurate conclusions.

 

[northlands]

^^^^ Looking at all of Canada, the population is largely centered in just three Cities: GMA Toronto, GMA Vancouver and GMA Montreal -- two of which have extremely high house prices, thereby skewing the Canadian average. The U.S. on the other hand has a more rural lifestyle-mode, depressing the average. Ergo, a pointless comparison that misleads the reader to inaccurate conclusions.

It shows the issue pretty cut and dry to me: Canada has three major cities that a massive portion of the population either lives in or wants to live in and that has caused prices to skyrocket way out of reach for ordinary folks. That sucks, plain and simple.

If you’re a young, average earning couple in Canada and you want to own a single family detached starter home in a major big city (500,000+ pop) to raise a family in like your parent’s did, what are your actual options? Winnipeg and Edmonton, and maybe Calgary if you really pinch your pennies and find something small and old?

There were sure a lot more options for that 20 years ago

 

[IanO]

From COE PDF - UNFUNDED

 

[IanO]

Council approves $7.5 million to fund temporary emergency shelter​

November 30, 2022 City Council has approved $7.5 million from the financial stabilization reserve to fund 209 temporary emergency shelter spaces. Jasper Place Wellness Centre (JPWC) in partnership with Tallcree Tribal Government will operate the shelter spaces at a former hotel at 15540 Stony Plain Road in the city’s west end. The shelter will include 150 congregate living spaces and 59 private rooms, increasing the number of shelter spaces in Edmonton to 1,281 once all spaces are operational. The new 24/7 emergency shelter will open in approximately four weeks and operate for six months. People accessing the shelter will have a safe, warm place to sleep, receive daily meals and have access to health services, harm reduction services, case management support and be connected with a housing support worker who will help them find longer term housing. “This project addresses an urgent need to support vulnerable Edmontonians this winter,” said City Manager Andre Corbould. “Thank you to Jasper Place Wellness Centre and Tallcree Nation for working with us in providing Edmontonians experiencing homelessness with a safe place to stay.” While the Government of Alberta recently supplemented its 622 permanent shelter spaces with funding for an additional 450 temporary spaces for the winter, permanent emergency shelters continue to face capacity pressures. Homeward Trust’s By Name List indicates that more than 2,750 Edmontonians are experiencing homelessness. About 1,250 of those individuals are primarily sleeping in emergency shelters or outdoors each night. “Jasper Place Wellness Centre believes that permanent affordable, supportive housing designed to create community inside is foundational to ending the systemic cycle of houselessness in our city,” said Taylor Soroka, JPWC’s co-founder and vice president of strategy. “ We are happy to partner with Tallcree Nation and the City of Edmonton to create safe spaces out of the cold and expedite people into housing that meets their needs in both harm reduction and recovery.” “Tallcree Tribal Government is excited to invest in west Edmonton and work with Jasper Place Wellness Centre and the City of Edmonton in navigating historically systemic issues such as chronic homelessness that impact our communities so deeply,” said Tallcree Tribal Government Chief Rupert Meneen.​

For more information: edmonton.ca/homelessness Media contact: Noor Al-Henedy Communications Advisor Communications and Engagement 780-446-0074​

 

[TAS]

The average SFH price in Edmonton in 2023 is expected to increase 2% to $491k versus Calgary expected to surpass $700k - that gap has really widened.
They are experiencing a lot of out of province buyers.

I didn't realize Ottawa was so high, too. Seeing country's biggest increase there for detached houses - rising to $850k.

Average house price to pass $700K next year in Calgary: Royal LePage

The report also pointed to an acute, long-term housing supply shortage

www.google.com