EDMONTON, Alberta — The governments of Canada and Alberta have announced an investment of $203 million to help build over 2,300 affordable housing units across the province. This investment is cost-matched by both governments thanks to the Canada–Alberta Bilateral Agreement under the National Housing Strategy. This funding is delivered through Alberta's Affordable Housing Partnership Program (AHPP).

The announcement was made by the Honorable Eleanor Olszewski, Minister of Emergency Management and Community Resilience, Minister responsible for Prairies Economic Development Canada, and Member of Parliament for Edmonton Centre, and the Honorable Jason Nixon, Minister of Assisted Living and Social Services.

All of the project proposals were assessed based on the local community needs and ability to achieve outcomes for Albertans with low income, as well as value for taxpayer money. Types of projects can include building new housing, mixed-income developments with an affordable and/or social housing component, or specialized housing, an addition or renovation of existing housing resulting in a minimum of five net new affordable housing units, conversion of non-rental housing, or redevelopment of an existing site involving demolition and new construction.