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.
If it’s less painful to pay the tax than to do the right thing, then the tax isn’t high enough. Keep doubling it until it works, and in the meantime, use the tax revenue for the city to use as low-income housing.
That’s stupid. Outsourcing to private just doesn’t work. Tax their money and build with it instead of making intermediates that will only take more money for them.
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If it’s less painful to pay the tax than to do the right thing, then the tax isn’t high enough. Keep doubling it until it works, and in the meantime, use the tax revenue for the city to use as low-income housing.
That’s stupid. Outsourcing to private just doesn’t work. Tax their money and build with it instead of making intermediates that will only take more money for them.