Calgary Housing Company

What Calgary Housing Company does

Calgary Housing Company (CH) is a non-profit affordable housing provider and wholly-owned subsidiary of The City of Calgary, founded in 1977 and operating in Calgary, Alberta. It administers rental and rent-supplement programs on behalf of the City of Calgary and the Province of Alberta, managing more than 6,700 homes and administering more than 3,500 private-market rent supplements that together serve roughly 10,000 households, or approximately 27,000 Calgarians (including 15,000 children; 55% of residents are children or youth, and nearly 1 in 5 identify as Indigenous or racialized). The portfolio is organized around four programs: Community Housing (deep-subsidy rents set at 30% of income, $120–$350 minimum), Affordable Housing (~30% below market), Near-Market Housing (~10% below CMHC-reported average market rent, used as a social enterprise to cross-subsidize deeper programs), and the Rent Assistance Benefit (monthly subsidy averaging $815 in 2025, capped at $900).

The core operating stack is third-party rather than proprietary: Yardi Systems powers the centralized Applicant and Resident Portals, and SAP Ariba handles procurement. Pricing is income-based and tiered, with annual income verification and provincial regulatory oversight governing eligibility. Distribution runs through a single Yardi-mediated waitlist that ranks applicants by need and time, with online or in-person appointments at the consolidated Wood Centre office. CH is currently executing an active development pipeline (Southview, Midfield Heights, Mount Pleasant, Rundle Manor, Bridgeland Place, Hillhurst 1, Marda Loop) with more than 800 homes in construction or permitting, and its 2023–2030 Strategic Plan targets serving 40,000 Calgarians.

Revenue is generated through a combination of tenant rents (including surpluses from near-market units that cross-subsidize deeper subsidies) and multi-tier government funding from the City of Calgary, Province of Alberta, and Government of Canada under the Affordable Housing Partnerships Program and related bilateral agreements. Total assets stood at $202M in 2024 (up from $122M in 2015), with a net asset position of $48M versus a net debt position a decade earlier. The organization is governed by an independent Board reporting to City Council, and is operationally expanding from landlord-administrator toward in-house developer-operator, exemplified by its 2026 partnership with Rohit Homes on a turnkey Midfield Heights delivery model.

Name

Calgary Housing Company

Legal name

Calgary Housing Company

Website

https://calgaryhousingcompany.org

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

51–100 employees

Short description

Calgary Housing Company is a non-profit, City of Calgary-owned affordable housing provider managing 6,700+ homes and 3,500+ rent supplements to serve roughly 27,000 low- and moderate-income Calgarians through income-tiered community, affordable, near-market, and rent-assistance programs.

Ownership category

akta.pro rank

Product category

Affordable Housing Services

NAICS

Rental and Leasing Services (532), Continuing Care Retirement Communities and Assisted Living Facilities for the Elderly (62331)

SIC

Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)

akta.pro secondary industries

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC), Housing & Neighborhood Services (Local Housing Programs) (BPAIACAJ), Residential Affordable Housing Development & Construction (IMAFABAI), Senior & Assisted Living Residential Property Management (BPAJAFAE)

Keywords

• Affordable housing services
• Social housing management
• Rent assistance programs
• Non-market rental housing
• Mixed-income housing

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Tenant Rental Revenue: Rental income from tenants across social housing, affordable housing, and near-market housing programs. Rents are set based on income levels (30% of income for social housing) or below-market rates for affordable and near-market units. The mixed-income model generates surpluses from near-market units that help fund deeply subsidized units.
2. Government Funding and Partnerships: Calgary Housing receives capital funding and operating support from The City of Calgary, Province of Alberta, and Government of Canada through programs like the Affordable Housing Partnerships Program. Development projects are co-funded through equity, mortgage debt, and government contributions.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Calgary Housing Company manages and develops affordable rental housing on behalf of The City of Calgary and Province of Alberta. It operates four core housing programs (Community Housing at 30% of income, Affordable Housing ~30% below market, Near-Market Housing ~10% below market, and Rent Assistance Benefit for private-market tenants), administering more than 6,700 owned homes and 3,500+ private rent supplements serving approximately 27,000 Calgarians across 200+ communities.

Product overview

Calgary Housing Company operates as a non-market housing provider offering four core housing programs: Community Housing (deep subsidy at 30% of income), Affordable Housing (~30% below market), Near-Market Housing (~10% below market as social enterprise), and Rental Assistance (rent supplements for private market tenants). The organization manages approximately 6,700 homes and administers 3,500+ private rent supplements serving nearly 10,000 households (about 27,000 Calgarians). Current active development projects include Southview (250 homes), Midfield Heights (176 homes), Mount Pleasant (16 homes), Rundle Manor (135 units), Bridgeland Place (~200 units), Hillhurst 1 Rejuvenation (80 units), and Marda Loop (up to 19 units). The organization utilizes Yardi Systems for applicant and resident portal management, and SAP Ariba for procurement. Additional programs include an educational scholarship ($10,000 annually for four residents) and a home-based business policy for residents.

Differentiator

Problem solved

Functional benefit

Products and services

• Community Housing

Quantifiable outcome

• Approximately 27,000 Calgarians supported with housing
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Nine partnerships are on record, tiered core and major.

• Rohit HomescoreStrategic or Co-development Partner · 23 April 2026Calgary Housing and Rohit Homes partnered on an acquisition and construction deal for new purpose-built rental housing at Midfield Heights. The planned development of 176 rental homes introduces a new model for development and delivery of non-market housing in Canada. The partnership uses an integrated, fixed-price delivery approach combining planning, design, construction, and execution under a single coordinated model, providing greater cost certainty and reducing delivery complexity.
• Umoja Community MosaiccoreStrategic or Co-development Partner · 1 January 2010Umoja runs programs at or near Calgary Housing communities including soccer programs, Girls' Leadership, Women's Community Sewing, afterschool programs, and a culturally-sensitive food program with doorstep delivery. Founded by Jean-Claude Munyezamu, the organization builds leadership, learning, and belonging in communities.
• Women In Need Society (WINS)coreStrategic or Co-development PartnerWINS operates programs at two Calgary Housing properties (Temple and Erin Woods), providing emergency food hampers, clothing, basic hygiene products, employment support, ESL classes, and digital literacy courses. The partnership helps women and families move from crisis to stability with dignity.
• Rise CalgarycoreStrategic or Co-development PartnerRise Calgary provides programs at two Calgary Housing properties (Ranchlands and Ogden) including basic needs services, advocacy, financial empowerment, and skill-building programs. They help stabilize families facing income, food, or housing insecurity.
• Hull ServicesmajorStrategic or Co-development PartnerHull Services runs the 'Braiding the Sweetgrass' program supporting Indigenous families, and PATCH program for youth. These programs provide cultural connection, healing, and support services for residents.
• Alberta Health ServicesmajorStrategic or Co-development PartnerProvides health and mental health services and supports to Calgary Housing residents through various programs and community resource centres.
• Calgary Public LibrarymajorStrategic or Co-development PartnerPartners with Calgary Housing to provide book bus services and literacy programs at community resource centres, providing residents access to books, digital resources, and library services.
• MomentummajorStrategic or Co-development PartnerProvides entrepreneurship and financial empowerment programs for Calgary Housing residents, supporting economic self-sufficiency.
• YW CalgarymajorStrategic or Co-development PartnerProvides support services including the Home Based Business Policy initiative, connecting residents with entrepreneurship opportunities.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Toronto Community Housing Corporation: Largest social housing provider in Canada, operating approximately 2,100 buildings and housing ~100,000 residents. Operates under a city-mandated mandate with mixed-income model elements and direct municipal ownership/oversight, making it the closest structural and operational peer to Calgary Housing.
• BC Housing: Provincial housing corporation managing subsidized, affordable, and rent supplement housing across British Columbia. Operates a mixed-income model and serves comparable resident populations (low/moderate income, seniors, families), with similar cross-government funding model.
• Capital Region Housing Corporation: Edmonton-based non-profit housing provider managing approximately 4,800 social housing units and administering rent supplements. Serves the same Alberta market, comparable resident base, and similar provincial/municipal funding structure as Calgary Housing.
• HomeSpace Society: Calgary-based non-profit affordable housing provider operating supportive and affordable housing units. Operates in the same Calgary geography, serving overlapping low-income populations with similar municipal funding relationships.
• Silvera for Seniors: Calgary-based non-profit providing subsidized housing for independent seniors. Operates in the same geographic market with a focus on a key CH customer segment (seniors), with comparable subsidy and affordability model.
• Right at Home Housing Society: Calgary-based non-profit providing affordable rental housing for individuals and families with complex needs. Operates in the same geography with similar municipal funding relationships and target demographic.

Broad incumbents

• Canada Mortgage and Housing Corporation (CMHC): Federal Crown corporation that provides housing finance, research, and affordability policy across Canada. Functions as a regulator, funder, and policy-setter for the affordable housing ecosystem in which Calgary Housing operates, including administering federal-provincial housing agreements.
• Habitat for Humanity Canada: National non-profit affordable housing provider focused on homeownership for low-income families. Operates a complementary (not competing) affordable housing model through volunteer-built ownership units, with extensive government and corporate partnerships.

Emerging players

• YW Calgary: Calgary-based non-profit providing housing and support services for women and families facing domestic violence and homelessness. Operates in adjacent affordable/supportive housing space with overlapping resident populations and similar government funding relationships.

Others

• Rohit Homes: Calgary-based homebuilder that partnered with Calgary Housing on the Midfield Heights development using an innovative turnkey non-market housing delivery model. Functions as an ecosystem partner/enabler rather than a direct competitor in the affordable housing space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/calgaryhouseco
• LinkedInlinkedin.com/company/calgary-housing-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Calgary Housing Company