Setting the table for growth

2025/2026
Impact Report

Calgary Housing

Built for this moment

Calgary Housing is Calgary’s largest affordable housing provider, serving more than 27,000 Calgarians and managing more than 6,700 homes in communities across the city.

Today, Calgary Housing is doing more than ever. We are expanding housing supply, strengthening operations, and using a build, buy and partner approach to create more homes faster.

In 2026, that work is becoming visible across Calgary through new developments, innovative approaches, and continued investment in the homes residents rely on every day.
As housing need grows and changes, Calgary Housing is growing and changing with it.

Our vision

To be the leading affordable housing provider in Canada supporting individual well-being and inclusive community building.

Our mission

Make life better for Calgarians by providing safe and affordable housing that enables positive social outcomes.

About Us

Who we are

Calgary Housing is a wholly owned subsidiary of The City of Calgary that works with citizens, government, non-profit partners, and the private sector to provide safe, affordable housing. The organization reports through a Board of Directors to its sole shareholder, represented by City Council.

As a purpose-driven social enterprise, Calgary Housing operates a mixed-income housing model designed to:

  • Provide stable, affordable homes that support residents’ dignity and opportunity.
  • Integrate people from diverse income levels within neighbourhoods.
  • Strengthen community inclusion and quality of life.
  • Maintain financial sustainability to ensure long-term viability.

Quick facts

Calgary Housing operates using an active, mission-focused model that explicitly prioritizes positive social outcomes. 

Residents supported
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Homes under management
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Households supported with Rent Assistance
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Sites in communities throughout Calgary
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Leadership

Structured for accountability, built for impact

Calgary Housing is governed by a Board of Directors and reports to its shareholder, represented by City Council. This structure supports public accountability while allowing Calgary Housing to operate with the focus, expertise, and flexibility needed to manage homes, serve residents, and expand affordable housing supply.

Executive Leadership Team (as of June 2026)

Bo Jiang
Interim President & CEO

Aminda Galappaththi
VP, Business Strategy

George Abdelmessih
VP, Customer Experience

Jana Tchinkova
VP, Finance and Chief Finance & Risk Officer

Sarah Quayle
VP, Real Estate & Portfolio Management

Cindy Stegmeier
Acting VP, Asset Management & Development

Alexis Poirier
Chief of Staff

Board of Directors

Citizen Members

Anna Nelson, Chair

Ellen Wright Terrill, Vice-Chair

Alkarim Devani

Jade Getz

Jauvonne Kitto 

Simon Rainsbury 

Adam Rock

City Admin

Eren Cervantes-Altamirano

Greg Wiebe

City Council Members

Myke Atkinson

Harrison Clark

Nathaniel Schmidt

Financials

Financial highlights

Calgary Housing’s 2025 audited financials demonstrate
the organization is well-positioned to achieve its strategy of increasing housing supply, while meeting its obligations to maintain and improve existing housing assets.

• Calgary Housing (CH) generated a surplus in 2025. When we remove one-time items that are not part of our normal operations, such as capital grants and an asset transferred to CH, we generated an $8.6 million surplus. That $8.6 million is funding our operating and capital reserves to meet future maintenance obligations and will be used for capital projects to increase housing supply.

• Over the last decade CH nearly doubled its total assets from $134 million in 2016, to $245 million in 2025. As a result of growing assets and decreasing liabilities, CH shifted from a net debt position of $10 million in 2016, to a net asset position of $60 million in 2025.

• In 2025, CH deployed $16.7 million in capital funding to improve the asset condition of our homes. 84 per cent of CH-owned and City-owned assets are classified as being in good or very good condition despite an average age of nearly 50 years.

• The Impact Report includes a link to Calgary Housing’s 2025 Audited Financial Statements.

Resident impact

At Calgary Housing (CH), the work we do is about more than buildings – it’s about people. Safe, stable housing gives individuals and families the conditions to build, grow, and move forward. CH provides a place where people can transform their lives – on their own terms.

The people who live in CH homes are at the heart of our work, and we’re focused on continuously improving outcomes for them.

The impact of housing is often most visible in moments of transition. For some, it means stability after years of uncertainty – regaining independence, improving health, and reconnecting with community. For others, it becomes a foundation to move forward: supporting education, employment, and, in some cases, the transition to homeownership. These outcomes don’t happen overnight, but they begin with having a place to call home.

Housing also creates space for connection and community. Across Calgary Housing communities, residents build relationships, support one another, and contribute to the places they live. From informal gatherings to resident-led initiatives, these moments strengthen communities and create a sense of belonging.

At the same time, practical supports continue to make a difference every day. Partnerships and on-site initiatives are helping address immediate needs. These include access to food, community programming, and other essential supports delivered in ways that respect dignity, choice, and autonomy.

These stories reflect the broader impact of Calgary Housing’s work. Across our communities, thousands of residents are building stability, finding connection, and creating new opportunities for themselves and their families.

Property & system impact

The past year was one of preparing and beginning to expand housing capacity within the Calgary Housing (CH) portfolio. Adding a fourth strategic priority in 2025 – “Increasing housing supply and choice for Calgarians” – was the first step to move Calgary Housing into a developer role.

The goal was ambitious for a company that had previously only administered housing: create 3,000 new homes in 10 years through building, buying, or partnering with organizations to achieve that goal.

As part of the fourth strategic priority, Asset Management & Development (AMD) and Real Estate & Portfolio Management (REPM) were established as separate divisions, each taking distinct and cooperative roles. Bringing in seasoned and specialized professionals enables the company to achieve the 10-year goal.

In 2025, CH developments in Mount Pleasant and Rundle were underway. In 2026, Calgary Housing plans to open those and announce five other developments in the city.

In addition to building new homes, Calgary Housing continues to improve the ones already in its portfolio.
Upgrading building hydronic systems provides more consistent heating and hot water for residents while conserving energy and water. Behind the scenes, the updated hydronics will require less maintenance, will make maintenance easier, reduce the risk of failures in the systems, mitigates impacts of failures on residents, and renews the lifecycle of the hydronics in the buildings.

CH endeavours to use its full capital budget as a matter of best practice, but sometimes projects come in under budget. Realizing that there were some funds going unused, CH staff applied those funds to improve conditions of various assets that directly benefit the resident community.

And CH staff worked with partner organizations to utilize unused space to create a food pantry system, an intentional tactic to address food insecurity in the community.

Looking Forward

As we look ahead, Calgary Housing is confidently building from a position of strength and clear purpose, with the capacity to do more and a continued focus on serving Calgarians.

Much of 2025 was about setting the table. We put the right pieces in place — strengthening teams, advancing projects through permitting, securing funding, refining our approach and designs, and building the partnerships needed to respond to Calgary’s housing needs. In 2026, this work is becoming visible across the city.

New developments are moving forward. Innovative projects such as Midfield are showing how new partnership models can help bring homes online faster and more efficiently. This model can deliver housing one to two years quicker at a cost meaningfully below publicly-procured construction contracts. At the same time, Calgary Housing continues to invest in the homes and communities already in its care.

Behind every project, improvement, and partnership is a simple purpose: helping people find stability and opportunity through safe, affordable housing.

The need remains significant, and so does the responsibility to respond. Calgary Housing is well positioned to keep moving that work forward.