Every developer has opted to pay Montreal instead of building affordable housing, under new bylaw
- Montreal's 20-20-20 plan, which requires developers to include 20% social housing, 20% affordable housing, and 20% family housing in major residential projects, has failed as no social housing has been built in the past two years.
- Instead of building low-cost units, developers prefer to pay fines to the city, resulting in approximately $24 million being collected by the city without transparency regarding its use.
11 Articles
11 Articles
This City Made Developers Build Affordable Housing or Pay Up. They All Paid.
A law designed to build affordable housing in Montreal—and which an elected official predicted would lead to 600 new units a year—has led to zero units of affordable housing, according to the city’s data. The law required developers to either build housing or pay into a fund. Every developer chose the second option. In April 2021, Montreal adopted the Bylaw for a Diverse Metropolis. According to the law, developers who build five dwelling units…
Austin developers undergo training to build more affordable housing
A training program aimed at supporting developers to build more affordable housing in Austin is underway. We look at who is putting themselves on the front lines of what some deem an economic crisis.
Two years after the adoption of a municipal by-law requiring developers to include social and affordable housing in their subdivisions, it is clear that developers prefer to pay a penalty rather than meet this obligation, according to the official opposition at City Hall.
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