CREB®Now connected with some of Calgary’s housing industry experts and leaders for their opinions on 2018. Here’s what they had to say. . .
Industry spokesperson says construction fund largely going unused
Players in one of the city’s most active multi-family construction areas have made limited use of a cash-for-density fund established by the City of Calgary, says a spokesperson for the industry.
While a number of projects have been brought forward related to the Beltline Community Investment Fund (BCIF), the CHBA-UDI Calgary Region Association, the umbrella organization for the builders and developers in and around Calgary, is scratching its head about why the fund hasn’t been used more.