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Edmonton to build 500 affordable student homes by 2027 with rent caps and city-federal funding.
Five new affordable student housing developments in downtown Edmonton, set for completion by 2027, will provide 500 units with rent controlled for at least 10 years.
Backed by a $15 million city investment and federal support, the projects aim to ease housing pressures as student enrollment grows, with units near O-Day’min Park and rent caps ranging from $1,104 to $1,775.
The initiative supports the city’s goal to double downtown’s residential population to 24,000 and addresses a 2025 survey finding that 54% of students cut food costs to afford rent.
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Edmonton construirá 500 viviendas estudiantiles asequibles para el 2027 con límites de alquiler y financiamiento federal.