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Housing Accelerator Fund

GP City Council reacts to “unsuccessful” Housing Accelerator Fund application

Mar 7, 2024 | 3:38 PM

Grande Prairie City Council is reacting to having its Federal Housing Accelerator Fund application be “unsuccessful.”

City Council has stated, it’s “disappointed in the lack of federal support,” and Mayor Jackie Clayton has released a statement:

“We were hopeful that the Federal Government would support our efforts to increase housing options in Grande Prairie. Access to affordable and expanded housing is significantly interconnected with other community issues, such as labour shortages, recruitment and retention, economic growth and diversity. Equally concerning is our rental sector, where residents are currently challenged by a lack of housing, as our vacancy rate sits at about 1.0 per cent. This shortage persistently challenges us as multifamily housing starts are failing to keep pace with local demand. The reality is that we urgently need housing support, and the Federal Government failed to recognize this.”
“While we are extremely disappointed by this outcome, we remain committed to finding innovative solutions to support our housing needs. As a follow-up to this decision, City administration has requested a debrief with HAF representatives to learn more and gain information concerning future funding opportunities.”

Mayor Jackie Clayton’s Statement; Provided by the City of Grande Prairie

This HAF program was created by the Federal government, to help municipalities address housing supply problems.

The City says their application “outlined several initiatives to incentivize the development of over 300 new housing units including updating area redevelopment plans, zoning to promote missing middle housing forms, incentivizing priority housing developments, and managing the land reserve in support of affordable housing.”

Grande Prairie now joins three other Alberta communities, Red Deer, Lethbridge and Medicine Hat, who were all “unsuccessful” with their applications.