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Parkdale Affordable Housing Forum Presentation
Parkdale Affordable Housing Forum Presentation
Parkdale Affordable Housing Forum Presentation
Parkdale Affordable Housing Forum Presentation
Parkdale Affordable Housing Forum Presentation
Parkdale Affordable Housing Forum Presentation
Parkdale Affordable Housing Forum Presentation
Parkdale Affordable Housing Forum Presentation
Parkdale Affordable Housing Forum Presentation
Parkdale Affordable Housing Forum Presentation
Parkdale Affordable Housing Forum Presentation
Parkdale Affordable Housing Forum Presentation
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Parkdale Affordable Housing Forum Presentation

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Prersentation to Parkdale Community Forum on Province of Ontario Long Term Affordable Housing Strategy

Prersentation to Parkdale Community Forum on Province of Ontario Long Term Affordable Housing Strategy

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  • 1. Presentation to Parkdale Housing Forum November 10, 2009 Brian Eng Community Action Specialist Wellesley Institute January 28, 2010
  • 2. <ul><li>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. </li></ul>January 28, 2010
  • 3. <ul><li>Affordable rental and home ownership opportunities for all integrated into every neighbourhood – no low-income ghettos. </li></ul><ul><li>No more NIMBY (Not In My Backyard) – affordable housing is a normal part of development. </li></ul><ul><li>Developers are engaged in creating affordable housing and their return on investment is respected. </li></ul><ul><li>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. </li></ul>January 28, 2010
  • 4. <ul><li>Housing affordability is not just an issue for the poor </li></ul><ul><ul><li>Average household income for a family in Toronto - $45,000 </li></ul></ul><ul><ul><li>Household income required to purchase average new home - $60,000 </li></ul></ul><ul><ul><li>Household income required to rent average 2 bedroom apt. - $52,000 </li></ul></ul><ul><li>Developers benefit from community investments that make new development attractive </li></ul><ul><ul><li>Should return something to the community </li></ul></ul><ul><li>Helps to create vibrant diverse neighbourhoods </li></ul><ul><li>Part of the big tool box needed to create new affordable housing. </li></ul>January 28, 2010
  • 5. <ul><li>Developers receive “cost offsets” to build affordable housing </li></ul><ul><ul><li>Reduced fees </li></ul></ul><ul><ul><li>Density bonusing </li></ul></ul><ul><ul><li>Fast track approvals </li></ul></ul><ul><li>Residents meet eligibility requirements </li></ul><ul><ul><li>Income </li></ul></ul><ul><ul><li>Household size </li></ul></ul><ul><li>Controls to maintain on-going affordability </li></ul>January 28, 2010
  • 6. <ul><li>Home ownership development creates affordable home ownership </li></ul><ul><li>Rental development creates affordable rental </li></ul><ul><li>Affordability is related to income </li></ul>January 28, 2010
  • 7. <ul><li>Based on successful US experience </li></ul><ul><ul><li>Developer contribution to affordable housing is mandatory </li></ul></ul><ul><ul><li>Type of contribution is negotiable </li></ul></ul><ul><ul><ul><li>New units </li></ul></ul></ul><ul><ul><ul><li>Money and/or land </li></ul></ul></ul><ul><ul><li>Affordability is defined according to income </li></ul></ul><ul><ul><li>Controls to maintain on-going affordability </li></ul></ul>January 28, 2010
  • 8. <ul><li>Communities where there is growth in housing </li></ul><ul><li>Communities that have proper social infrastructure </li></ul><ul><ul><li>Schools </li></ul></ul><ul><ul><li>Recreation facilities </li></ul></ul><ul><ul><li>Good transit systems </li></ul></ul><ul><li>Works in small communities as well as big ones </li></ul>January 28, 2010
  • 9. <ul><li>Working class households </li></ul><ul><ul><li>Often referred to as “workforce housing” </li></ul></ul><ul><li>Households with moderate fixed incomes </li></ul><ul><ul><li>Seniors </li></ul></ul><ul><ul><li>People with disabilities </li></ul></ul>January 28, 2010
  • 10. <ul><li>Limited capacity to assist people on welfare or with extremely low income </li></ul><ul><ul><li>Reduce income requirements for some units </li></ul></ul><ul><ul><li>Non-profit housing providers can become owners/renters of affordable units </li></ul></ul><ul><ul><li>Developers can contribute money to municipal Rent-Geared-to-Income pool </li></ul></ul>January 28, 2010
  • 11. <ul><li>Province needs to give municipalities authority to create Inclusionary Housing programs </li></ul><ul><ul><li>Bill 198 passed second reading </li></ul></ul><ul><li>Municipalities need to start working on Inclusionary Housing programs </li></ul><ul><ul><li>Housing Opportunities Toronto </li></ul></ul><ul><ul><li>Ottawa moving forward </li></ul></ul>January 28, 2010
  • 12. <ul><li>The Inclusionary Housing Working Group </li></ul><ul><ul><li>Contact </li></ul></ul><ul><ul><ul><li>Brian Eng </li></ul></ul></ul><ul><ul><ul><li>Phone: 416-972-1010 ext 230 </li></ul></ul></ul><ul><ul><ul><li>[email_address] </li></ul></ul></ul><ul><ul><li>www.inclusionaryhousing.ca </li></ul></ul>January 28, 2010

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