Tag: affordable housing
Old East tower plan doesn’t merit concessions from city hall, tribunal told
Exactly what constitutes a public benefit, which builders promise to provide the community in exchange for taller, or more dense, developments was at the heart of a five-day hearing that opened Monday.
ANALYSIS: What, exactly, is an ‘affordable’ apartment unit?
On paper, it’s a showdown between a London homeless shelter and a major developer.
Rising costs make building affordable housing difficult: developer
A developer who’s seeking to build 829 housing units on land across from Georgian College told city council Monday he’ll make housing there “as economical as possible” but he’s never seen construction costs soar like they continue to do. Shakir Rehmatullah, president of Flato Developments, made the comments in response to affordability concerns raised by […]
Provincial planning rules could make city’s housing affordability worse: consultant
A long-awaited tool to require affordable housing in new developments is getting a cold reception from London’s building industry and a consultant hired to study the practice, at least under existing rules. City politicians voted Monday to recommend seeking special permission from Queen’s Park to use inclusionary zoning – requiring new residential buildings to set […]