... and mixed-use options, rather than requiring each individual property owner or developer to apply for a separate project-specific rezoning: (3/3)
https://t.co/OWQhatbdet
Urbanized: Vancouver City Council to Decide on Plan to Create 17 New Village Areas with Low-Rise Residential and Retail Uses - The plan is intended to bring more housing and businesses into lower-density residential areas that are generally located away from ... (1/3)
... the busiest arterial streets, but still near public transit, schools, parks, and existing neighbourhood amenities ... aims to turn these areas into more complete neighbourhood hubs ... This means most affected properties would be pre-zoned for the new housing ... (2/3)
... at below-market rates ... "Ultimately we'll be buying below the cost of construction. No developers will be profiting from this:" (2/2)
https://t.co/8wPwj0Zu3e
CBC: Carney Defends $1.45B Plan to Convert Unbought B.C. Condos to Affordable Rent-To-Own - the plan … will help young families and people who don't have money for a down payment "build in" equity over time through a rent-to-buy program ... the condos will be purchased ... (1/2)
CityNews: Toronto Gets $1.5B from Feds, Province to Reduce Development Charges for New Housing - The federal and provincial government has awarded Toronto $1.5B to reduce development charges for new housing in a bid to lower costs for homebuyers:
https://t.co/K5SJmcTeOr
Vancouver Sun: B.C. and Ottawa Plan to Snap up Vacant Condos - it’s an opportunity for government to buy up already completed units at a fraction of the price it took to build them and without needing to build them themselves ... (1/2)
... the central location presents a “unique opportunity” for a plethora of uses - homes, offices and light industrial, hotels, cultural venues, restaurants, child care, grocery stores, public parks and plazas: (2/2)
https://t.co/mTw1wXeZKl
Vancouver Sun: Something Big is Brewing at Vancouver's Old Molson Site Beside Burrard Bridge - Vancouver council decided to apply to Metro to change the regional growth strategy, to redesignate the former brewery property from industrial use to general urban use ... (1/2)
... “The problem is that these empty homes do not just sit idle ... They also disincentivize new construction, unsettle lenders and investors, and create a housing market that is, in effect, frozen”: (2/2)
https://t.co/BezY8Wke3N
Globe and Mail: Ottawa, B.C. to Spend $3.2-Billion to Cut Homebuilding Fees - the two governments would use financing tools from Ottawa’s new housing agency, Build Canada Homes, to “convert thousands of vacant condo units into affordable homes” ... (1/2)
CityNews: Montreal Invests $25M to Build 350 Affordable Homes in Rosemont–La Petite-Patrie - The four buildings, which will be built in the Angus Technopark, will include a total 121 one-bedroom units, 134 two-bedroom units, and 95 three-bedroom units. There will also ... (1/2)
... meet the scale of the challenge facing low- and moderate-income Calgarians ... Yet, only 2,823 non-market homes received a development permit between 2023 and 2025: (2/2)
https://t.co/FCxA0A9cKn
Globe and Mail: Calgary’s Efforts to Boost Non-Market Housing Mired in Delay - With a target of enabling 3,000 non-market homes per year … the improvements introduced by Calgary’s housing strategy, alongside provincial and federal funding programs, have been slow to ... (1/2)
Urban Toronto: 35-Storey Rentals Planned on Hurontario Across from Mississauga Hospital - An infill proposal has been submitted … where plans call for a pair of 35-storey purpose-built rental towers rising along the future Hurontario-Main Line 10 LRT … (1/2)
... That or its sister agency, the Department of Slow Down … But it is happening right now, and in one of the most unlikely places imaginable: Vancouver, British Columbia … It’s called Senakw: (2/2)
https://t.co/Lm4F2usqjQ
New York Times: One City Might Have Just Cracked
the Housing Crisis - Imagine that 10 acres of land in the middle of your city was unbound from the laws that limit housing construction. No zoning. No neighborly lawsuits. No reviews by the Department of You Can’t Build ... (1/2)