Inclusionary Zoning comes into effect in Ontario
Published April 12, 2018
Minister Peter Milczyn announces new regulation, April 11, 2018
Today, Ontario’s new inclusionary zoning regulation comes into effect. The regulation allows municipalities to decide if new housing developments in their communities should include affordable housing, how long the units should stay affordable and when the units can be built offsite.
CHF Canada Ontario Region has long advocated for inclusionary zoning. We are extremely pleased to see that, after some concerns with an earlier draft, the final version of the regulation puts affordable housing first.
Inclusionary zoning is an important tool in the toolbox to help build affordable housing. It’s been used in numerous communities in the U.S. and the U.K. to build thousands of units of new affordable housing. We look forward to working with municipalities to implement inclusionary zoning, and using it as another way to help build more affordable co-op homes.
Don’t miss out on the latest co-op news, success stories, and helpful resources for your co-op.
Sign up here to receive our eNews every two weeks straight to your inbox!