The Sault’s proposed new approach would focus more on incentives
City council will be asked Monday to chuck a quarter-century-old policy requiring at least 30 per cent of large urban residential developments to be affordable housing as defined by the provincial Ministry of Municipal Affairs and Housing.
"While many of the policies contained within the Comprehensive Set of Policy Statements were carried forward in subsequent provincial policy statements, the specific requirement that ‘opportunities will be provided for no less than 30 per cent of new dwelling units created through development, and intensification to be affordable housing’ was not," Tonazzo says.
As SooToday reported on Friday, Tonazzo will recommend on Monday that the 30 per cent affordable housing requirement be waived for a proposed development of 376 apartments and townhouses near the Giant Tiger store.
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