Skip to content
CMHC Home Canada Mortgage
and Housing Corporation
  • Sign In or Register
  • FRANÇAIS
  • MENU
MENU
× FRANÇAIS
  • Home
  • Professionals
    • Project funding and mortgage financing
      • Funding programs
        • Affordable Housing Innovation Fund
        • Community (social) housing
        • Federal Lands Initiative
        • Funding for Indigenous housing
        • Housing Supply Challenge
        • Innovation and research
        • National Housing Co-Investment Funding
        • National Housing Strategy Project Profiles
        • Rapid Housing Initiative
        • Rental Construction Financing Initiative
        • Shared Equity Mortgage Providers Fund
      • Mortgage loan insurance
        • Homeowner and small rental mortgage loan insurance
        • Homeowner Business Transformation (HBT)
          • Arrears Report Upload Tool - Coming 2022
          • Default Management Request Submission Tool
          • Homeowner Claims Submission Tool
          • User Access Management (Coming Soon)
        • Multi-unit mortgage loan insurance
          • MLI Select
        • Default, claims and properties for sale
        • Underwriting centre
        • emili
        • NHA approved lenders
        • Calculating GDS / TDS
        • Mortgage fraud
          • Approved Lender Advise of Fraudulent, False and Misleading Information
        • Contact mortgage loan insurance
        • Insured Mortgage Purchase Program (IMPP)
        • COVID-19: CECRA for small businesses has ended
      • Securitization
        • NHA Mortgage Backed Securities
        • Canada Mortgage Bonds
        • Canadian registered covered bonds
        • Blockchain in the housing industry
    • Housing markets, data and research
      • Housing markets
        • CMHC Reports Calendar
        • Housing market reports
        • Mortgage market and consumer reports
      • Housing research
        • Housing research reports
        • Housing surveys
        • Research awards and scholarships
        • Understanding core housing need
        • Collaborative Housing Research Network
      • Housing data
        • Data tables
          • Household characteristics data
          • Housing market data
          • Mortgage and debt data
          • Rental market data
        • Housing market information portal
        • Residential Mortgage Industry Data Dashboard
        • Housing in Canada Online (HiCO)
        • CMHC licence agreement for the use of data
        • Housing Knowledge Centre
    • Industry innovation and leadership
      • Housing innovation
      • Our Partners
        • Partnerships
        • Federal, Provincial and Territorial Forum on Housing
          • Resources for Members of the Federal, Provincial and Territorial Forum on Housing
      • Industry collaboration
      • Industry expertise
        • Affordable housing
        • Indigenous housing
        • Senior housing
        • Accessible and adaptable housing
        • Developing sustainable housing
        • Resources for mortgage professionals
        • CMHC e-newsletters
    • Events and speakers
      • Conferences
      • Speakers’ bureau
  • Consumers
    • Buying a home
      • Homebuying calculators
        • Mortgage calculator
        • Affordability calculator
        • Debt service calculator
      • Buying guides
        • Homebuying step by step
        • CMHC's condominium buyer's guide
      • Mortgage loan insurance for consumers
        • What is CMHC mortgage loan insurance?
        • Do I qualify for mortgage loan insurance?
        • CMHC mortgage loan insurance costs
        • CMHC Eco Plus
        • CMHC — home renovation financing options
        • FAQs — mortgage loan insurance
        • COVID-19: understanding mortgage payment deferral
      • First-time home buyer incentive
      • Incentives for homebuyers
      • Newcomers
    • Owning a home
      • Manage your mortgage
        • Mortgage fraud
        • Mortgage planning tips
        • Plan and manage your mortgage
        • Your credit report
        • Your home value
      • Aging in place
        • Housing options for Seniors
        • Housing and finance tips
        • Mortgage financing options for people 55+
        • Preventing fraud and financial abuse
    • Renting a home
      • I want to rent
        • Things to consider before renting
        • Types of housing for rent in Canada
        • Finding or advertising a rental property
        • Visiting the rental property
        • Lease and rental agreements
        • Signing the lease
        • Credit checks and bad credit
        • Rental payments and deposits
        • Roommates and pets
      • I am renting
        • Moving day
        • Landlord/Tenant responsibilities
        • Inspections
        • Maintenance and repairs
        • Complaints and evictions
        • Rent increases
        • When you can't pay rent
        • Renewing or terminating the lease
        • Moving out
      • One-Time Top-Up to the Canada Housing Benefit
      • COVID‑19: eviction bans and suspensions to support renters
  • About CMHC
    • CMHC’s Story
    • Management and governance
      • Speakers’ bureau
      • Annual public meeting
      • Board of directors and committees
      • Our management committee
      • Pension governance
        • Pension overview
        • Key roles and responsibilities
        • Annual reports
    • Corporate reporting
      • CMHC annual report
      • Program evaluation
      • Quarterly financial reports
      • Joint auditors special examination report to CMHC board 2018
      • CMHC’s Insured Mortgage Deferral
      • Summary of the corporate plan
      • Transparency
        • Access to information and privacy protection
        • Accessibility at CMHC
        • Accessibility feedback process
        • Briefing materials
        • Procurement
        • Travel, hospitality and conference expenditures
    • Contact us
      • CMHC departments
        • Contact your multi-unit housing solutions specialist
        • Contact mortgage loan insurance
        • Indigenous and the North Housing Solutions
      • Granville lsland
      • Media relations
      • National office
      • Regional offices
      • Holiday service hours
    • Careers
  • Media Newsroom
    • Coronavirus (COVID-19) updates
    • Media relations
  • National Housing Strategy
    • What is the strategy?
      • About the initiatives
      • How to apply
      • Help and resources
      • Priority areas for action
      • The National Housing Strategy Glossary of Common Terms
      • The Strategy in Action
    • Federal/Provincial/Territorial housing agreements
    • Other funding and financing opportunities
  • The Housing Observer
  • Careers
  • Housing Knowledge Centre
 
  • Home
  • Media Newsroom
  • Government of Canada celebrates grand opening of Neoma in Calgary
  • Save page to My Folder
    Save
  • Share this page
    Share
Save Icon

SAVE TO MY FOLDER

Government of Canada celebrates grand opening of Neoma in Calgary

SAVE
Close this Window   |   Manage my Folder
Save Icon

SAVE TO MY FOLDER

Government of Canada celebrates grand opening of Neoma in Calgary

Done Done!
Close this Window   |   Manage my Folder
Share icon

Share via

  • Facebook
  • LinkedIn
  • Mail
  • Twitter
  • print
  • CopyLink

SuccessCopyLinkVersionLink copied

Share icon

Share via

  • Facebook
  • LinkedIn
  • Mail
  • Twitter
  • print
  • CopyLink

SuccessCopyLinkVersionLink copied

share icon

Mail-blue Share via Email

Did You Know?

You can include an email signature?

Register | Sign In

×
Google Captcha Loader
share icon

Mail-blue Share via Email

Done Done!
Close this window

Government of Canada celebrates grand opening of Neoma in Calgary

Calgary, Alberta, September 29, 2022

After just 12 months of renovations, Calgary has one less vacant office tower and 82 more affordable homes. The 10-storey office tower formerly known as Sierra Place, located at 706 7th Avenue SW, has been completely renovated into 82 units of affordable housing for vulnerable Calgarians, including Inn from the Cold emergency shelter and transitional housing for families facing homelessness.

Three floors of the Neoma building will be home to Inn from the Cold’s program and administration space that includes family emergency shelter, offices, transitional shelter, and wrap-around supports for families facing a housing crisis. With six floors of permanent supportive housing and amenities for residents, grand opening of Neoma will be held on September 29 with Inn from the Cold’s operations moving into the facility in October, followed by residents in affordable housing units in the coming months.

The conversion of Neoma would not have been possible without the Government of Canada’s $16.6 million investment from the Rapid Housing Initiative, as well as $2 million from the province and federal government through the Canada – Alberta Bilateral Housing agreement under the National Housing Strategy, and $5.5 million from the City of Calgary as part of its downtown revitalization initiative. Private donors also raised nearly $6 million toward this $30 million project, which was delivered on time and on budget.

Quotes:

“Every Canadian deserves a safe and affordable place to call home. Thanks to the Rapid Housing Initiative, our government is making this a reality by rapidly providing affordable homes for the most vulnerable individuals across Canada, including right here in Calgary. This is one of the many ways our government’s National Housing Strategy continues to ensure no one is left behind.”
— The Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion
“Through the Rapid Housing Initiative, our Liberal Government is investing in affordable housing here in Calgary and across Canada because every Canadian deserves a safe place to call home. Today’s announcement is a great example of how our Government’s housing funds are having a tangible impact on Calgary communities. Having access safe and affordable homes is key to a healthy life.” 
— George Chahal, Member of Parliament for Calgary – Skyview
“Neoma is a great example of strategic partnerships, community expertise, and innovative thinking in action. Alberta’s government is proud to support this community-driven project and help Calgarians find stability and get back on their feet.”
— Josephine Pon, Minister of Seniors and Housing
“By investing in projects like Neoma, we're creating a downtown where low-income families, seniors and newcomers can build their lives with access to key amenities just a short walk away. The City, in partnership with HomeSpace, private donors and the federal government, provided significant investment to convert a vacant office building into affordable housing units, which is the first conversion of its kind in Canada. Calgary is proud to be leading the country with this project that will serve as a blueprint for cities looking to address both the housing crisis as well as downtown revitalization.”
— Jyoti Gondek, Mayor of Calgary
“It took the support of the entire community to make this first-of-its-kind project a success. Calgary has demonstrated that vacant office space can be repurposed to help address the housing crisis in Canada. Together, with support from all levels of government and several generous private donors we have created a space that offers families a pathway to stability through safe housing.”
— Bernadette Majdell, CEO of HomeSpace
“The way the community has come together to support families facing a housing crisis and make our new home possible has just been incredible Our new purpose-built space allows us to better serve families in need and we are confident the unique holistic approach facilitated by this building, will help break the cycle of family homelessness.”
— Heather Morley, Executive Director of Inn from the Cold

Quick facts:

  • The Rapid Housing Initiative (RHI) is a $2.5 billion program under the National Housing Strategy (NHS) to help address the urgent housing needs of vulnerable Canadians, especially in the context of COVID-19, through the rapid construction of over 10,000 units of affordable housing.
  • The RHI takes a human rights-based approach to housing, serving people experiencing or at risk of homelessness and other vulnerable people, including women and children fleeing domestic violence, seniors, young adults, Indigenous peoples, people with disabilities, people experiencing mental health and addiction issues, veterans, LGBTQ2S+ individuals, racialized and Black Canadians, recent immigrants, and refugees.
  • Budget 2022 proposes to provide $1.5 billion over the next two years to extend the RHI and create 6,000 additional affordable housing units across Canada, with at least 25% of funding going towards women-focused housing projects.
  • The Government of Canada’s National Housing Strategy (NHS) is an ambitious, 10-year plan that will invest over $72 billion to give more Canadians a place to call home.

About HomeSpace Society:

HomeSpace is a charitable developer, rental housing owner and property manager. HomeSpace provides safe, appropriate and affordable housing for the most vulnerable Calgarians and owns a portfolio of more than 765 units in 25 communities across the city. For more information visit our website.

About Inn from the Cold:

For over 25 years, Inn from the Cold has been helping vulnerable families find stability in times of crisis. As the largest organization in the Calgary region that is dedicated solely to families experiencing a housing crisis, we believe that a community where no child or family is homeless is possible. To help bring our vision to life we provide three main programs: homelessness prevention and diversion, emergency family shelter, and supportive housing. Visit innfromthecold.org for more information.

Associated links:

  • As Canada’s authority on housing, CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to all levels of Canadian government, consumers and the housing industry. CMHC’s aim is that by 2030, everyone in Canada has a home they can afford, and that meets their needs. For more information, follow us on Twitter, Instagram, YouTube, LinkedIn and Facebook.
  • Check out the National Housing Strategy Housing Funding Initiatives Map to see the affordable housing projects that have been developed across Canada. 

Media Contacts

Arevig Afarian
Office of the Minister of Housing and Diversity and Inclusion
Afarian@infc.gc.ca

Media Relations
Canada Mortgage and Housing Corporation
media@cmhc-schl.gc.ca

Emily Campbell
Communications Advisor
HomeSpace Society
emily@homespace.org
438-401-9431

Emma MacIsaac
Inn from the Cold
media@innfromthecold.org
403-512-0769

Was this page relevant to your needs?

Thank you for your feedback!

Sorry to hear that! Can you tell us about the problem?

Google Captcha Loader

For further assistance, please contact us

Thank you. Your feedback has been submitted.

Date Published: September 29, 2022

By Topic

  • Professionals
    • Project funding and mortgage financing
    • Housing markets data and research
    • Industry innovation and leadership
    • Events and speakers
  • Consumers
    • Home buying
    • Owning a home
    • Renting a home

About Us

  • CMHC's Story
  • Management and Governance
  • Our Partners
  • Corporate Reporting
  • Contact Us
  • Careers

More

  • CMHC e-Newsletters
  • CMHC Library
  • Housing Observer Online
  • Media Newsroom
  • CMHC on Twitter
  • CMHC on LinkedIn
  • CMHC on Facebook
  • CMHC on Instagram
  • CMHC on YouTube
Privacy Policy    |    Terms and Conditions    |    Transparency    |    Accessibility Plan    |    Accessibility Feedback     Canada Mortgage and Housing Corporation (CMHC) ©2023 
Canada
loader icon