About affordable housing in Airdrie
When the City uses the term affordable housing it refers to safe and secure housing that is achieveable by costing no more than 30 per cent of an individual's household income and meets the basic needs of an individual and/or family.
Both market options (private) and subsidized housing fall under the umbrella of affordable housing. Supportive housing also falls under the umbrella of affordable housing but refers to a model that combines affordable housing with coordinated support services administered by the Province of Alberta.
Affordable housing concerns and misconceptions
Affordable housing means low quality housing
- Affordable housing must comply with the same building restrictions and design standards of any market housing, which includes fitting the character of the neighbourhood.
Affordable housing means decreased property values in the surrounding neighbourhoods
- Multiple studies show that there is no evidence that property values are impacted by diverse and affordable housing developments. Annual property tax assessments in the City of Airdrie do not consider the proximity of affordable housing.
Affordable housing only benefits low income families
- Affordable housing serves people from various income levels and demographics. As Airdrie continues to grow, it’s important to offer a wide variety of housing options for people at all income levels and stages of life such as single-parent households, young professionals, seniors, individuals with disabilities and others.
Affordable housing attracts crime and undesirable residents
- Several Canadian studies have findings that show crime rates in neighbourhoods with affordable housing are unaffected by their existence.