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Waterloo Region Connected  /  Urban Issues  /  Urban Issues v  /  Mixed-use developments and affordable housing


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Mixed-use developments and affordable housing
tomh009 Offline
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#16
04-13-2018, 10:10 AM
(04-13-2018, 08:16 AM)panamaniac Wrote:
(04-13-2018, 03:19 AM)jeffster Wrote: The real issue of affordable housing is that who would ever build such a thing? I don't think there is money to be made in that sector. Not to mention that affordable housing isn't always treated nicely by their tenants.

If it really means that much to them, then it would have be the region/city building it.  Or a greatly reduced tax (mill) rate on such units.

When a municipality requires a developer to incorporate affordable housing into projects (not a bad idea, imo), isn't the municipality expected to "make the developer whole" through some sort of subsidy?  I don't think the developer is expected not to be fully compensated for the construction of affordable housing.

A municipality can require a portion to be "affordable" (however that is defined) using zoning bylaws. Or by providing bonusing etc in exchange for some portion of affordable housing.
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RE: Mixed-use developments and affordable housing - by tomh009 - 04-13-2018, 10:10 AM

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