Affordable housing is often misunderstood as being solely for low-income or subsidized households. In reality, it covers a much broader spectrum. In Okotoks, affordable housing means that everyone, regardless of age, income or life stage, can find a home that suits their needs and budget. This could mean:
- A young family seeking a modest single-family home or a townhouse in a new development
- A retired couple downsizing into a duplex or bungalow-style unit
- A recently divorced person who can no longer afford the home they live in
- A senior on a fixed income living independently in an accessible apartment
- A single parent balancing housing costs with their child’s extracurricular activities in a rental unit or co-op housing
- A young adult just starting out in a basement suite, apartment, or shared accommodation