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"Secondary suites is the one policy option that will really move the needle on the amount of available rental product in Airdrie that will not cost the City any money."
According to the City, lone-parent households and single person households are some of the most in need populations in Airdrie.
During the Dec. 4 council meeting, Council approved an internally restricted interest-bearing reserve of $750,000 from the estimated surplus at the end of the year.
A new City policy will incentivize affordable housing initiatives by waving development and building permit fees for affordable housing projects.
Airdrie council endorsed an affordable housing action plan which hopes to see 300 new housing spaces provided over the next 5 years.