HousingNowTO
Senior Member
Even without “Inclusionary Zoning” laws - the City could (and should) have allocated more of their Development Charge and Section-37 revenues from these Developments into the provision of net new Affordable Housing units.I’m not sure you addressed the question posed earlier in relation to the CBC article. The city contends that rules were not in place at the time that would allow them to insist on ‘Affordable Housing’.
The quote:
“At the time that The Well's zoning by-law amendments were approved, in 2017, there was no provincial inclusionary zoning regulation and the city didn't have the ability to require new affordable housing, the statement said.
The city is still waiting for provincial approval to implement inclusionary zoning and it won't apply retroactively, according to the department.“
If this is accurate, what scorecard was the city supposed to use? Moral persuasion goes only so far in a market that appears to fully support the pricing structure in place.
Having said all of that, the need for affordable housing is clear. How we make and meet those requirements is possibly less clear as we do not seem to be interested in all the possible tools in the tool bag. And our ability to move with speed and purpose is layered in politics.
That was 100% within the City’s power to choose to do with the Rules that existed in 2017.
Example - Almost 80% MORE money from THE WELL project was dedicated to ---- Uhhhm... "Public Art" [$900-K], than was dedicated to - "new (*off-site) Affordable Housing units" [$500-K] in 2017.
*Local-Voices & City Staff did NOT see "New Affordable Rental" as a REAL "Community Benefit".
It was an afterthought in almost all of these kinds of negotiations prior to the 2018 elections.