Calgary Council Scraps Rezoning Policy, Housing Scene in Limbo

0:00Calgary City Council just voted 12 to 3 to scrap the blanket, rezoning policy after a marathon public hearing. Five for four folks signed up to speak, four 11 showed up, and they got 3,293 written. Submissions 2. Emotional stories poured in from both sides and the changes kick in on August 4th applications before then stick to old rules. Mayor Jerome Farcus is already talking up a new policy to replace it, but questions hang over federal housing cash. The Canada Mortgage and Housing Corporation says they're chatting with the city before any calls on funding. Residents split on this. Fans say the old policy ignored community voices, leaving neighborhoods out of the loop on new builds. Critics worry it won't fix big affordability headaches like street parking and vehicle needs without smarter planning ahead. Colleges are sounding alarms, warning the switch could tack on six extra months per project. That means fewer homes, vanishing

1:00builders, lost jobs and prices climbing if they don't move fast. With the dust settling, Calgary's housing scene now hinges on quick fixes and that promised new plan to keep things balanced for everyone. From your city, powered by AI, this is Calgary News today. I'm Corey with the story.