news&views Spring 2019 | Page 25

property rebate on the GST, directed the Canada Mortgage and Housing Corporation and the new Canada Infrastructure Bank to provide financing to developers, and pledged to conduct an inventory of all available federal lands and buildings that could be repurposed. Funds for retrofitting existing facilities and the construction of additional units were announced in the 2017 provincial budget. The 2018 budget continued the Government of Alberta’s $1.2 billion commitment over five years to maintain and improve access to safe, secure, and affordable housing for all Albertans. Housing audits, however, in Edmonton and Calgary in 2018 revealed that affordable housing strategies in both cities lag in implementation. In some cases, there has been a failure to properly track funding. In other instances, the actual commitment to create a specified number of units was only a fraction of the goal that was established. Furthermore, anticipated federal and provincial funding did not materialize. Shortcomings in dealing with the development industry were also identified. The plan was to have 5% of the units in any development offered at a discount, with developers charging 80% of the market value. The Edmonton audit indicated that the City of Edmonton has barely touched that portion of the affordable housing program. The audits also pointed out that four of the five policy initiatives in the affordable housing program are decades out of date and need revisiting. Non-profit organizations play a significant role in the provision of affordable housing and other supports for low-income families in any community. In the past, non-profit organizations partnered with municipal and provincial governments to provide affordable housing. Funding through the Affordable Housing Partnership Initiative and municipal incentives Even though the various branches of government tend to support the concept of increased availability of low-cost housing, little development has occurred to address the insufficiency. made purchasing or building rental properties possible. This kind of cooperation is no longer possible because the program is no longer available. The lack of availability of rental units in general has significantly impacted those nearly 50,000 households in Edmonton (and comparable numbers in other Alberta cities) that spend 30%, and often much more, of their income on accommodation. Recent changes in mortgage stress tests have made it more difficult for families to qualify for home ownership. Consequently, they continue to reside in rental properties. Despite current depressed housing prices, some people are staying out of the home ownership market because they expect prices to go even lower. They, too, are often living in rental accommodation. Although house prices have gone down, a corresponding reduction in rental charges has not occurred due, in part, to low vacancy rates for rental properties. Collaboration with all levels of government that involves funding, legislation, and policy changes is required to provide stable housing for the homeless, new refugee families, Albertans of modest means, and an increasing number of seniors in Alberta who are entering the rental market. Solutions will require a multi-faceted approach. With the upcoming provincial and federal elections, now is the time to advocate for low-cost housing for low- and fixed-income Albertans. Commitments are required from all elected officials. ● news&views SPRING 2019 | 25