parkdale affordable housing forum presentation
DESCRIPTION
Prersentation to Parkdale Community Forum on Province of Ontario Long Term Affordable Housing StrategyTRANSCRIPT
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Presentation to Parkdale Housing ForumNovember 10, 2009
Brian EngCommunity Action Specialist
Wellesley Institute
April 13, 2023
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A set of municipal planning and housing programs and policies that require developers to make a portion of all new development affordable to households with low and moderate income.
April 13, 2023
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Affordable rental and home ownership opportunities for all integrated into every neighbourhood – no low-income ghettos.
No more NIMBY (Not In My Backyard) – affordable housing is a normal part of development.
Developers are engaged in creating affordable housing and their return on investment is respected.
People can afford to live in adequate housing near their workplace, and our children can afford to live in the cities and neighbourhoods where they grew up.
April 13, 2023
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Housing affordability is not just an issue for the pooro Average household income for a family in Toronto - $45,000o Household income required to purchase average new home - $60,000o Household income required to rent average 2 bedroom apt. - $52,000
Developers benefit from community investments that make new development attractiveo Should return something to the community
Helps to create vibrant diverse neighbourhoods
Part of the big tool box needed to create new affordable housing.
April 13, 2023
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Developers receive “cost offsets” to build affordable housingo Reduced feeso Density bonusingo Fast track approvals
Residents meet eligibility requirementso Income o Household size
Controls to maintain on-going affordability
April 13, 2023
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Home ownership development creates affordable home ownership
Rental development creates affordable rental
Affordability is related to income
April 13, 2023
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Based on successful US experienceo Developer contribution to affordable housing is
mandatoryo Type of contribution is negotiable• New units• Money and/or land
o Affordability is defined according to incomeo Controls to maintain on-going affordability
April 13, 2023
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Communities where there is growth in housing
Communities that have proper social infrastructureo Schoolso Recreation facilitieso Good transit systems
Works in small communities as well as big ones
April 13, 2023
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Working class householdso Often referred to as “workforce housing”
Households with moderate fixed incomeso Seniorso People with disabilities
April 13, 2023
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Limited capacity to assist people on welfare or with extremely low incomeo Reduce income requirements for some unitso Non-profit housing providers can become owners/renters
of affordable unitso Developers can contribute money to municipal Rent-
Geared-to-Income pool
April 13, 2023
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Province needs to give municipalities authority to create Inclusionary Housing programso Bill 198 passed second reading
Municipalities need to start working on Inclusionary Housing programso Housing Opportunities Torontoo Ottawa moving forward
April 13, 2023
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The Inclusionary Housing Working Group
o ContactBrian EngPhone: 416-972-1010 ext [email protected]
owww.inclusionaryhousing.ca
April 13, 2023