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Victoria Park Tent City
#22
(06-27-2015, 10:53 AM)Spokes Wrote: On the affordable housing point, does it make sense for the city to require developments to have a certain percentage of units geared towards low income individuals?  Maybe sell them to Kitchener Housing at a subsidised cost?

I would prefer it to be optional (not compulsory), but with a sufficient incentive that most condo projects would take it on.  Maybe two levels, 10% and 20%?

(06-27-2015, 11:46 AM)DHLawrence Wrote: One of the new condo developments on the waterfront is doing it; ten units are going to be subsidized. I hope the region can do something similar - preferably without the 'poor door' such developments are installing so the penthouse dwellers don't have to risk coming into contact with subsidized residents.

Even in a normal condo building you may have a range of prices from $300K to $900K.  Adding in some lower-cost units at around $200K doesn't radically change that scenario.

Now, in a condo building someone will need to buy those low-cost units, and hopefully most of them would end up on the rental market.
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Messages In This Thread
Victoria Park Tent City - by tomh009 - 06-25-2015, 01:30 PM
RE: Victoria Park Tent City - by MidTowner - 06-25-2015, 03:15 PM
RE: Victoria Park Tent City - by Markster - 06-25-2015, 03:47 PM
RE: Victoria Park Tent City - by tomh009 - 06-25-2015, 04:34 PM
RE: Victoria Park Tent City - by BuildingScout - 06-25-2015, 04:58 PM
RE: Victoria Park Tent City - by TMKM94 - 06-25-2015, 04:56 PM
RE: Victoria Park Tent City - by tomh009 - 06-25-2015, 07:37 PM
RE: Victoria Park Tent City - by Markster - 06-25-2015, 11:42 PM
RE: Victoria Park Tent City - by BuildingScout - 06-26-2015, 12:06 AM
RE: Victoria Park Tent City - by mpd618 - 06-26-2015, 01:19 AM
RE: Victoria Park Tent City - by BuildingScout - 06-26-2015, 01:56 AM
RE: Victoria Park Tent City - by mpd618 - 06-26-2015, 03:02 AM
RE: Victoria Park Tent City - by BuildingScout - 06-26-2015, 07:27 AM
RE: Victoria Park Tent City - by tomh009 - 06-26-2015, 08:59 AM
RE: Victoria Park Tent City - by MidTowner - 06-26-2015, 08:27 AM
RE: Victoria Park Tent City - by mpd618 - 06-26-2015, 10:12 AM
RE: Victoria Park Tent City - by panamaniac - 06-26-2015, 10:56 AM
RE: Victoria Park Tent City - by plam - 06-26-2015, 11:04 AM
RE: Victoria Park Tent City - by panamaniac - 06-26-2015, 11:15 AM
RE: Victoria Park Tent City - by Spokes - 06-27-2015, 10:53 AM
RE: Victoria Park Tent City - by DHLawrence - 06-27-2015, 11:46 AM
RE: Victoria Park Tent City - by tomh009 - 06-27-2015, 12:01 PM
RE: Victoria Park Tent City - by BuildingScout - 06-27-2015, 06:58 PM
RE: Victoria Park Tent City - by tomh009 - 06-27-2015, 08:11 PM
RE: Victoria Park Tent City - by DHLawrence - 06-27-2015, 05:09 PM
RE: Victoria Park Tent City - by tomh009 - 06-27-2015, 05:27 PM
RE: Victoria Park Tent City - by nms - 06-29-2015, 02:13 PM
RE: Victoria Park Tent City - by tomh009 - 06-29-2015, 03:24 PM
RE: Victoria Park Tent City - by plam - 06-29-2015, 04:49 PM
RE: Victoria Park Tent City - by DHLawrence - 06-29-2015, 07:46 PM

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