Ontario’s Minister of Municipal Affairs and Housing announced changes to allow for more affordable housing in the province.
A news conference Monday morning at the Fred Victor Mission on Queen Street featured Ted McKeekin along with the Deputy Premier and Treasury Board president Deb Matthews, coining the term ‘Inclusionary zoning’ which would require developers to set aside a percentage of new builds for affordable housing.
The province is proposing to introduce legislation that would, if passed, allow municipalities the choice of establishing the zoning in certain developments.
Legislation for “inclusionary zoning” would create affordable housing that serves the needs of low- to moderate-income families and individuals, increase the supply of affordable units, and help municipalities meet affordable housing objectives and targets set out in their Housing and Homelessness Plans and official plans.
More funding would come from Federal and Provincial government, a total of $178 million over 3 years.
$17 million will be put aside in a pilot project to help over 3000 families involved in domestic violence.
$100 million will be for housing allowances and support services to assist up to 4,000 families and individuals in new supportive housing, while capital funding over the long term will allow the construction of 1500 units.
McKeekin said the cities chief planner revealed that had such zoning been in place, 12,000 units of affordable housing could have been built in the last 5 years.
— Ontario MMAH (@OntMMAH) March 14, 2016