1 in 5 households are overspending on housing – in 2014 that was 86,750 households.
In 2014 over 15,000 households were at high risk of becoming homeless, spending more than 50% of before-tax income on shelter and earning less than $20,000 per year.
At the last count in October 2014, over 3,500 people were experiencing homelessness.
Providing a home saves taxpayers approximately $34,000 per person annually.
Only 9% of below market homes in Calgary are in buildings that were constructed in the last 20 years.
Federal Government operating agreements that fund social housing properties will start expiring in 2021.
Research from CHAC members relating to housing affordability in Calgary:
• Measuring and Responding to Income Poverty
Links to related strategies and background information:
• National Housing Strategy
CHAC newsletter archive: