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Calgary Secures Housing Funding, Drops Rezoning Policy
Description
Calgarys city council secures federal housing funds, avoiding a potential $130 million loss. The feds confirm the third installment of the housing accelerator fund, totaling $64.7 million, after council reversed a controversial rezoning policy. The city must now implement a targeted, homegrown strategy, with a solid replacement framework in place by October 27th, to unlock the final payment. Calgarys housing push, fueled by this funding, continues to deliver for families and those in need of affordable housing.
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