Under The City's Non-Market Housing Land Sale Program, three new City-owned land sites are available for sale, at below-market value, to eligible non-profit organizations. The City is also offering a brand-new funding program to purchasers of the sites to expedite construction and open doors as quickly as possible.
The three land sites, located in the communities of Bowness, Parkdale, and Erlton were selected for their close proximity to amenities such as transit, grocery stores and employment.
This is the third round of The City’s program to offer land to non-profit organizations at below market value. The previous two rounds were launched in 2018 and 2020 and have delivered more than 280 homes either completed or in construction.
Leveraging City-owned land is a key objective of Foundations for Home, Calgary’s Corporate Affordable Housing Strategy. Applications to purchase the sites will be accepted to April 28, 2023. Applicants must be a non-profit provider with experience in the supply and management of non-market housing.
Once the selection process is complete, successful applicants will be required to go through the development permit and/or land use amendment approval process, including community engagement, prior to starting construction.
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