Temporary housing has already been provided for people who live in High River and the Siksika First Nation who lost their homes.
Another site was prepared in Calgary, but there may be enough room in the Saddlebrook neighbourhood in High River to meet the demand, said Rick Fraser, Alberta's associate minister of regional recovery and reconstruction.
"There's a tremendous amount of cost to this but the good news is that we have people moving out of Saddlebrook on a regular basis back into their homes," he said Tuesday.
"So as those become available and as people need them, we are able to adjust and use the site that we have right now."
Several hundred people lost their homes in the flood and ended up living at student residences in Calgary and Lethbridge.
More than 14,500 homes were damaged in southern Alberta.
Fraser said many people are making their own living arrangements, including finding rental properties.
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