Calgary Housing broke ground on its largest development project in the company's four-decade history on Thursday, June 25, 2026, in the southeast community of Southview. The multi-phase development will create homes for more than 1,000 Calgarians under Calgary Housing's affordable, mixed-income housing model.
First Phase Details
The event at the construction site along 1821 34 St. SE kicked off the development of 250 new non-market homes, said Calgary Housing interim president and CEO Bo Jiang. The first phase includes two mid-rise buildings offering a mix of one, two, three, and four-bedroom units, accommodating up to 650 future residents.
Funding and Partnerships
The development is part of the province's Stronger Foundations affordable housing strategy and stands on a former social housing site transferred to Calgary Housing for redevelopment, Jiang said. “The province moved quickly to fund this, investing $28.6 million through the Affordable Housing Partnerships Program, which includes cost matching from the federal government,” Jiang added. “Additionally, Calgary city council made this development a key priority in last fall’s budget, investing $31.2 million and demonstrating this new council’s commitment to tackling the affordability challenges facing Calgarians.”
Expansion Across Calgary
This project brings 880 homes under active development by Calgary Housing. Another recently announced development in Midfield Heights will see 176 homes built. The layout and designs for the Southview housing units will be made public closer to completion. Calgary Housing is looking to expand less expensive housing across the city, as half of Calgary’s neighbourhoods lack non-market housing options. The company is expanding development efforts across all quadrants of the city, Jiang said.
Mixed-Income Model
“All these new developments will be using our mixed income model, a model that ensures financial sustainability and long-term impact in which rents in the building cover its own operating and maintenance costs,” Jiang said. The province is proud to support the program, which has brought more than $710 million for affordable housing across Alberta, said Alberta Minister of Assisted Living and Social Services Nathan Neudorf. Budget 2026 will commit another three quarters of a billion dollars for affordable housing over the next three years, he said.
Provincial and Municipal Support
“Together with our partners, Alberta is driving $9 billion in housing investments to support 25,000 more affordable households by 2031,” Neudorf said. “Our Stronger Foundation strategy will help us support a total of 82,000 low-income households. An increase of 25,000 from 2019 and a goal that we are on track to reach.” Mayor Jeromy Farkas, who grew up near the site, said the $104 million project is part of a brighter future for the city. “It was a damn good day to build new homes in the community,” Farkas said.
