Repealing blanket rezoning could cost Calgary $861 million: officials

CMHC warns full repeal of blanket rezoning could put Calgary's federal housing funding at risk

The Canada Mortgage and Housing Corporation issued a warning to Calgary city officials that a full repeal of blanket rezoning could go against the city's agreement to qualify for millions in federal housing funds. It comes as a city report warns that money could be at risk.

Questions remain on future of federal housing funding in advance of possible blanket rezoning repeal in Calgary

Calgary city councillors have differing interpretations on whether or not Housing Accelerator Funding would be pulled if council votes in favour of repealing blanket rezoning.

CMHC writes to City of Calgary over citywide rezoning and impact to federal funds - Calgary

CMHC told the City of Calgary that in order to remain compliant with its funding agreement, the city "must not reintroduce exclusionary zoning."

City report outlines hundreds of millions in federal grants at risk if council repeals blanket rezoning

If Calgary city councillors follow through on their campaign pledges to repeal blanket rezoning, hundreds of millions of dollars in federal government grants could be left on the table, suggests a report from city staff.

Repealing blanket rezoning could cost Calgary $861 million: officials

Calgary could be at risk of losing hundreds of millions of dollars in federal funding if blanket rezoning is repealed, according to a report presented to a city committee Wednesday.