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flag Calgary may lose $129M in federal housing funds if it reverses zoning reforms, despite ongoing construction growth.

flag Calgary risks losing over $129 million in federal housing funds under the Housing Accelerator Fund if it rolls back its blanket rezoning policy, the CMHC warns, as the city weighs repealing measures meant to boost housing density and affordability. flag While the federal government emphasizes outcomes over specific tools, officials stress compliance with HAF requirements hinges on progress in eliminating exclusionary zoning and accelerating housing approvals. flag Meanwhile, Calgary’s residential construction boom continues, with over 6,000 new homes in development across downtown, the Beltline, and NoBow, driven by conversions of office buildings and major new towers.

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