On July 9, 2020, the Government of Alberta announced that The Affordable Housing Review Panel has been appointed to review Alberta’s affordable housing system. This review will explore ways we can make affordable housing even more affordable and accessible for people with low income.
Nearly 500,000 Albertans spend more than 30% of their household income on housing, which is unaffordable according to the standard for affordability. This is causing waitlists for affordable housing to get longer each year. Currently, more than 110,000 Albertans live in affordable housing, while 19,000 more households are on waitlists.
The panel’s recommendations will be used to transform how Alberta’s affordable housing system is delivered so it is financially sustainable and able to address growing demand.