HomeSpace is constructing a 49-unit affordable family-oriented development in the Calgary’s Seton community, where rentals will be 20% below market. The site was previously a vacant lot owned by the City of Calgary and awarded in September 2020 to HomeSpace through a competitive non-market land disposition. The development will be comprised of 31 3-bedroom units, 15 2-bedroom units and three 1-bedroom units, as well as some communal amenity space. HomeSpace will be the owner and property manager for the building and we will work with a social-serving agency partner to provide resident referrals, income testing, supports and community development for the residents.
Total project cost is expected to be $10 million (land at market value) and occupancy is slated for winter 2022. This building was made possible by the generous commitment of visionary homebuilders Brookfield Residential/Albi Homes through the RESOLVE Campaign, the Government of Canada through Canada Mortgage and Housing Corporation, and the City of Calgary.
View the schematic design for this development. Contact us if you would like us to mail you a printed copy of the development package.
Submit questions and comments to NewDevelopments@HomeSpace.org or call 587.320.1545