City awards two sites to affordable housing providers under non-market land sale program
Calgary, AB — The City of Calgary has awarded two sites approved for disposition under the fifth Non-Market Housing Land Sale (NMLS) Program to affordable housing providers Liberty Housing Organization and Siksika Off-Reserve Affordable Housing (SORAH). The awarded sites are: 155 Cirrus Cl N.E.: Liberty Housing Organization with an envisioned 105 homes for Calgarians 3010 36 St S.E.: SORAH with an envisioned 95 homes for Indigenous Calgarians The NMLS program uses surplus City-owned land to reduce project costs, provide equity and help non-profit providers secure financing and government funding. Each dollar of City land value has leveraged nearly $4.50 from provincial and federal partners. $3.9 million in the form of a land value contribution is being invested in these two projects in total. Also included in NMLS round five was a site located at 15 Santana HL NW, however the applications received did not meet program requirements. The City will not proceed with the awarding of this site in this phase and it will be offered in a future NMLS round. "The need for affordable housing in our city is greater than ever,” says Mayor Jeromy Farkas. “Offering City-owned land to select provid
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