Affordable housing, halfway covered: City of Calgary to pitch in $53.5M for Bridgeland Place redevelopment

The City of Calgary will fund nearly half the estimated cost of its planned Bridgeland Place affordable housing redevelopment.
Council announced Monday it has approved $53.5 million for the project as part of its 2023-26 service plans and budget deliberations, or 49 per cent.
Total estimated costs to redevelop the site at 736 McDougall Ct. N.E. sits at $109 million.
In Monday's announcement, the city said it would look to other funding sources and levels of government to come up with the rest of the money.
Bo Jiang, acting director of Calgary Housing and acting president of Calgary Housing Company, called the approval an exciting step.
"This is an affirmation of the city’s commitment to affordable housing, and we look forward to working with the province and federal government to confirm their support," Jiang said.
In Monday's announcement, the city reiterated its high hopes for the project.
It is planned to provide 222 homes, with "precedent-setting energy strategies that increase energy efficiency, reduce emissions and utility costs, improve indoor air quality and contribute to long-term affordability."
"With one-in-five Calgary households struggling to pay for housing costs, this redevelopment will help ensure that low- and moderate-income Calgarians have a safe, stable place to call home," Jiang said.
"We are proud to be able to continue providing high-quality, energy-efficient, affordable housing to Calgarians in the beautiful Bridgeland community for generations to come."
Preparation for the redevelopment is scheduled to begin mid-2023, the city said in its announcement.
The city also said it will continue to engage the Bridgeland community as the project moves forward.
In March 2021, the city said Bridgeland Place had issues with heating and water supply, energy performance and high operating costs, and that the building is still habitable but requires significant work.
The current, 210-unit structure has been in operation for roughly 50 years.
The facility was to be gradually closed down over the next two years.
Officials said at the time vacancies were not being filled as tenants moved out and that there would be a focus on a smooth transition for current residents to find alternative housing.
In Monday's announcement, the city said that ongoing support has included help locating new accommodations, financial assistance for moving, referrals to relevant agencies and regular communication.
CTVNews.ca Top Stories
BREAKING | Liberals table bill delaying assisted dying expansion to March 2024
The federal government is seeking to delay the extension of assisted dying eligibility to people whose sole condition is a mental disorder until March 17, 2024. Justice Minister David Lametti introduced a bill seeking the extension in the House of Commons on Thursday.

Why Delissio pizzas and other Nestle products will disappear from Canadian stores
Nestle Canada says it is winding down its frozen meals and pizza business in Canada over the next six months. The four brands that will no longer be sold in the freezer aisle at Canadian grocery stores are Delissio, Stouffer's, Lean Cuisine and Life Cuisine.
Six more weeks of winter? Here are the predictions of groundhogs across North America
Will we see six more weeks of winter, or an early spring? Here’s what some of the groundhogs (and one human) have predicted so far, from coast-to-coast.
EXCLUSIVE | Gay man taking Canadian government to court, says sperm donation restrictions make him feel like a 'second-class citizen'
A gay man is taking the federal government to court, challenging the constitutionality of a policy restricting gay and bisexual men from donating to sperm banks in Canada, CTV News has learned.
Ukraine's new weapon will force a Russian shift
The United States has answered President Volodymyr Zelenskyy's plea for rockets that can strike deep behind the front lines of the nearly year-long conflict with Russia. Now Russian forces will need to adapt or face potentially catastrophic losses.
China accuses Canada of 'politically manipulating' with Uyghur refugee vote
The Chinese government says a motion MPs passed Wednesday to provide asylum to persecuted Uyghurs amounts to political manipulation by Canada.
Lametti says Tories exploiting tragedies 'to score political points' on bail reform
Canada's justice minister accused Pierre Poilievre's Conservatives Thursday of using tragedies such as the killing of a young Ontario Provincial Police officer 'to try to score political points.'
Australia is removing monarchy from its bank notes
Australia is removing the monarchy from its bank notes. The nation's new $5 bill will feature an Indigenous design rather than an image of King Charles III. But the king is still expected to appear on coins that currently bear the image of the late Queen Elizabeth II.
Organization regulating medical care in Manitoba apologizes for Indigenous-specific racism in health care
The organization regulating medical care and services in Manitoba is apologizing for racism directed towards Indigenous people when accessing health care in the province.