Infill Development Discussion

[Nimbus]

How soon until Banker Daddy takes the funding away?

 

[CalgaryTiger]

I also wonder how many developers buy and apply between now and August. You don't have to build once you get a land use so why not take advantage of it?

 

[trtcttc]

The question is...are there even any RCG properties in the city that have not already been/are currently being developed?

It was funny seeing council refuse the amendment to keep zoning based on approved LAPs...several said things like "we need a city-wide plan for this" without a hint of irony.

Maybe I'm misreading the comment but isn't that every property that a resident is just living in and not being actively re-developed? Which is most of the housing stock in the city.

How soon until Banker Daddy takes the funding away?

If they do that it's just bureaucracy run amuck. Judge cities on their results. We hit the target a year in advance, are one of the top performing communities in building housing, and now based on some rules people in Ottawa wrote, places that built less housing will be rewarded more than the city that built more housing. Rezoning is one aspect of it, but so is our speed of DP approval, availability of trades, heritage/design guidelines, all have an effect.

Government of Canada awards $74 million to top-performing Housing Accelerator Fund communities

Top-performing Housing Accelerator Fund communities will receive additional funding as part of the first round of the program.

www.cmhc-schl.gc.ca

I also find the entire program doesn't align incentives properly. if you look at the city website on HAF, there's 9 initiatives, with only 1 that has any material benefit to residents, the community investment piece. I'm in favour of redevelopment, but if we want people to get onboard, shouldn't the answer be, if we build more housing, we'll get funds to invest in the community so services will keep up with population? Imagine a new pool with a big sign that it's built with HAF funding. Instead, we ask residents to rezone their property for more residents, so the city gets more money to build more housing? Affordable housing is good, but the way the program works, the incentives just doesn't make sense.

Housing Accelerator Fund (HAF)

The Government of Canada announced details about the new Housing Accelerator Fund on 17 March 2023. This $4 billion fund is meant to support municipalities with transformational change. It will help build 100,000 new homes in Canada by September 2026.

www.calgary.ca