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Edmonton’s New Plan to Save Affordable Housing | Edmonton News

Edmonton’s New Plan to Save Affordable Housing | Edmonton News

Published 1 week, 4 days ago
Description

Edmonton’s new $2 million Rental Protection Program, backed by city and federal funds, is giving non-profits the tools to buy and renovate aging buildings—keeping at least 30% of units affordable. With thousands on waiting lists and many buildings over 35 years old, this initiative tackles a critical shortage by preserving existing housing, upgrading safety, and creating stable communities. Already showing results in one building where tenants report feeling safer and more secure, the program aims to replicate that success citywide—retaining affordable homes while expanding access across neighborhoods.

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