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Feds make housing deals with six small Alberta communities [Video]

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Small Business Lifestyle

The federal government says it has completed housing agreements with six small and rural communities in Alberta.

Housing Minister Sean Fraser made the announcement in Banff about the agreements with the mountain town, as well as Sylvan Lake, Bow Island, Westlock, Smoky Lake and the village of Duchess.

Fraser said in a news release the deals would help fast-track more than 400 homes in the next three years and spur the construction of 3,100 homes in the next decade.

“By working with cities, towns, municipalities, mayors, and all levels of government, we are helping to get more homes built for Canadians at prices they can afford,” Fraser said in a release.

Ottawa has been signing agreements directly with municipalities through its housing accelerator fund, which offers money in exchange for changes to bylaws and regulations that support more homebuilding.

Municipalities were invited to apply for the federal fund with a …

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