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.
Making for-profit private organizations do not-for-profit work will never work. They’ll either find a way to get around it, or just not do it in the first place.
Won’t be surprised if we suddenly see a host of new 4842 square feet projects, or maybe joint projects between multiple companies (all probably owned by the same guy) that split ownership so that nobody builds more than 4842 square feet on a single plot of land.
Or alternatively they’ll just hand over useless land somewhere else in exchange for building that massive high value condo or something.
The only way to make affordable housing is to either rely on not-for-profit organizations, or the government to do it themselves.
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Making for-profit private organizations do not-for-profit work will never work. They’ll either find a way to get around it, or just not do it in the first place.
Won’t be surprised if we suddenly see a host of new 4842 square feet projects, or maybe joint projects between multiple companies (all probably owned by the same guy) that split ownership so that nobody builds more than 4842 square feet on a single plot of land.
Or alternatively they’ll just hand over useless land somewhere else in exchange for building that massive high value condo or something.
The only way to make affordable housing is to either rely on not-for-profit organizations, or the government to do it themselves.