01-07-2024, 09:25 PM
(01-05-2024, 07:56 PM)tomh009 Wrote:(01-05-2024, 07:21 AM)ac3r Wrote: $15 million in provincial funding may be cut due to the region falling drastically short of its 2023 housing goal: https://archive.ph/5Qx64
The region's argument is that they have approved well more than the goal, but the developers have deferred the starts, whether due to financing, interest rates, subcontractor availability or something else. And they do have a point: they can control approvals, but not the actual starts.
Oddly, though, other cities aren't having the same issue. This tells me it's a problem with the region and the cities within. So many councillors in the city halls bend over backwards to NIMBY's and in general, a lot of red tap and very slow approvals, make it ripe for developers not bending over backwards themselves to get things going here.
We need a change: the mayors are not doing enough, and the chairwoman for the region is very unhelpful.