2023 Housing Needs Assessment released by the city of Calgary
Global News
The city of Calgary released the Housing Needs Assessment report Wednesday. This research report identifies present and future affordable housing requirements in Calgary.
In the midst of a housing crisis, the city of Calgary released the 2023 Housing Needs Assessment report to identify present and future affordable housing requirements in Calgary.
According to the report released Wednesday, low vacancy rates, higher-than-normal rent increases, and escalating home prices are putting Calgary at risk of losing its competitive advantage as one of the world’s most livable cities.
“The latest data published in the Housing Needs Assessment shows us that an increasing number of Calgarians are struggling with housing affordability,” said Tim Ward, manager of housing solutions.
“The findings in the assessment also highlight that the housing crisis is affecting a wide range of Calgarians including those looking to buy or rent a home, and those that are in greatest need of affordable housing supports.”
These are the key findings in the assessment:
The assessment is published every five years. The information in the assessment influences the city’s affordable housing policies and helps the city plan its work with housing providers who build new developments and with the government who funds them.
The Housing Needs Assessment uses quantitative data from the federal census, the city of Calgary’s corporate economics department, and Canada Housing and Mortgage Corporation.
To tell a more robust and comprehensive story about housing need in Calgary, this report also includes qualitative data from the perspective of affordable housing providers, operators, and organizations that assist with housing placements.
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