Two years after Valérie Plante’s administration said a new housing bylaw would lead to the construction of 600 new social housing units per year, the city hasn’t seen a single one.
The Bylaw for a Diverse Metropolis forces developers to include social, family and, in some places, affordable housing units to any new projects larger than 4,843 square feet.
If they don’t, they must pay a fine or hand over land, buildings or individual units for the city to turn into affordable or social housing.
The Bylaw for a Diverse Metropolis forces developers to include social, family and, in some places, affordable housing units to any new projects larger than 4,843 square feet.
If they don’t, they must pay a fine or hand over land, buildings or individual units for the city to turn into affordable or social housing.
According to data released by Ensemble Montréal, the city’s official opposition, and reviewed by CBC News, there have been 150 new projects by private developers, creating a total of 7,100 housing units, since the bylaw came into effect in April 2021.
Benoit Dorais, vice-chair of Montreal’s executive committee and the member responsible for housing, said the two-year review would be ready this fall, despite being promised this spring.
He says Montreal isn’t a good city for investing in property: construction costs are high, there’s too much regulation, and developers like him seek as much profit as possible.
AccèsLogis, the province’s social housing fund, has only enough money to complete projects already in the works, and the Quebec government said last winter that it will be replaced with a program more attractive to private developers.
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This is the best summary I could come up with:
The Bylaw for a Diverse Metropolis forces developers to include social, family and, in some places, affordable housing units to any new projects larger than 4,843 square feet.
If they don’t, they must pay a fine or hand over land, buildings or individual units for the city to turn into affordable or social housing.
According to data released by Ensemble Montréal, the city’s official opposition, and reviewed by CBC News, there have been 150 new projects by private developers, creating a total of 7,100 housing units, since the bylaw came into effect in April 2021.
Benoit Dorais, vice-chair of Montreal’s executive committee and the member responsible for housing, said the two-year review would be ready this fall, despite being promised this spring.
He says Montreal isn’t a good city for investing in property: construction costs are high, there’s too much regulation, and developers like him seek as much profit as possible.
AccèsLogis, the province’s social housing fund, has only enough money to complete projects already in the works, and the Quebec government said last winter that it will be replaced with a program more attractive to private developers.
The original article contains 829 words, the summary contains 188 words. Saved 77%. I’m a bot and I’m open source!