This year, you inspired resilience. Throughout 2023, we helped 1,545 families, this number translates to 5,283 family members! That is an eight percent rise from 2022. These statistics are not just numbers; they represent the lived experiences of families who sought comfort and support with Inn from the Cold.
The challenges facing families are stark and undeniable. Calgary’s housing market has experienced unprecedented turmoil, with the average monthly rent for a two-bedroom apartment surging to $1,695—a staggering 14.3 percent increase from the previous year. This surge in rental costs is the most significant year-on-year jump observed across all major markets nationwide, according to data from the Canada Mortgage and Housing Corporation (CMHC).
The scarcity of larger housing units exacerbates the situation, making it even more challenging for families to find affordable homes that match their size and budget. Vacancy rates have plummeted to their lowest point since 1988, reaching a record low of 1.5 percent. These figures highlight the urgency of addressing the housing crisis and the importance of providing viable solutions. Amidst these challenges, Inn from the Cold remains committed to our vision of a thriving community where every child and family has a safe and stable place to call home.
In 2023, we made substantial strides towards this goal, housing 622 family members! Our affordable housing initiatives at Neoma and Journey House successfully ensured accommodation for up to 35 families. Additionally, we expanded our Indigenous Programs to include a community-based supportive housing program named Moccasin Pathways.
But our work is far from over. We understand the significance of united efforts to tackle the increasing cost of living in Calgary. The invaluable support from our generous donors and volunteers has made all of this achievable. We extend our heartfelt gratitude for enabling us to assist families during their most challenging times. Thank you for joining us in our mission to empower independence and foster resilience for children and families by providing shelter, housing, and comprehensive supports that honour diverse cultural perspectives and unique life experiences.
