Comment from the Chamber’s Bruce Carter on affordable housing featured in the Times Colonist.
The chamber of commerce is pleased to see councils around the region approve new developments of rental buildings. Further, we believe that any purpose-built rental buildings that are brought before council, if they are in accordance with the official community plan, should be expeditiously approved.
Mandatory affordable housing units for new developments, as well as potential municipal rental subsidies offered to landlords that allocate a certain percentage of their units as “affordable,” could be challenging. Municipal programs will have costs that will be borne by other properties.
Source: Times Colonist