Discussion Paper #4 - Housing and Affordability
Affordable housing is a broad term which encompasses a range of housing types. It includes both low-cost market housing for homeowners and renters, and non-market housing available at subsidized rates. The County is seeing a stronger demand for a larger variety of housing types and sizes to meet the diverse range and needs of residents and workers. The discussion paper will look at Provincial and local policies that refer to affordable housing, and what policies and tools have been implemented in surrounding municipalities. The paper will also review a range of planning and financial tools that are available to encourage the creation of affordable housing.
When reviewing this document, questions to ask include:
• How can the County encourage more affordable housing units?
• Is the County willing to invest monies in incentivizing affordable housing?
• What tools and policies ensure affordable housing are the best fit for the County?
