In Calgary there are currently 3,222 homeless individuals and 15,600 households in extreme housing need. Greater affordable housing capacity is needed to provide housing both to individuals who are currently homeless and to help those in extreme. Only 3% of Calgary’s housing stock is non-market which lags meaningfully behind the Canadian average of 6%.
The need for affordable housing stretches across our community. Seniors, those who are working full-time and those on social assistance can all struggle to pay market rents.
Housing is considered to be affordable when someone pays 30% of their income towards rent. When someone pays more than 30% of their income towards rent they are considered to be in Core Housing Need and when someone pays more than 50% of their income towards rent they are considered to be in Extreme Housing Need.