Hamburger Menu Button
Link to Search Page
Collapse Expand Button
September 21 and 22
2 days, 2 disciplines, 2 ways to participate – defining our professional roles and uniting to build more equitable, accessible and inspired communities.
This session is based on the unique opportunity presented through a surplus municipal site in Halton Hills, partnered with potential capital funding through Halton Region development charge revenue with opportunities to consider National Housing Strategy financing through the Canada Mortgage and Housing Corporations (CMHC) Co-Investment program. It highlights the opportunities in a slow and no growth community to mitigate development risk and attract investment to create and secure long-term affordable rental housing.
COVID 19 and 2020 have reinforced the need for affordable housing options within our communities to ensure those on limited incomes or going through employment changes are able to continue to live and thrive in a safe environment.
Discussion will include:
Opportunities and tools available to planners and municipalities to encourage affordable hosing in their communities (CMHC tool box)
Leveraging municipal surplus lands and identifying for housing purposes
How to attach and find development partners
Mitigating development risk to make a project more financially attractive to developers; and
Whether affordable housing should be considered as a municipal capital facility development for municipal use when reviewing development charge exemptions.
The session uses practical, real-life discussions on the case study of 17 Guelph Street in the Town of Halton Hills to explore the economic ways a collaborative partnership between municipal, regional, and federal government can address and target site-specific development, creating a community asset of new housing units for long-term investment. Engagement with the audience will be through questions and answers.