The City of Calgary has initiated a $60M Housing Capital Initiative to aid housing partners in securing extra funding. Eligible applicants are registered charities or non-profit organizations with housing project experience. The funding targets specific projects like new residential units and conversions, with a cap at 30% of project costs. Affordable rental units and mixed-use projects are eligible but not commercial spaces. Applications will be prioritized using a points system and are open until October 10.
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