this post was submitted on 21 Aug 2023
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Every developer has opted to pay Montreal instead of building affordable housing, under new bylaw (www.cbc.ca)
submitted 1 year ago by girlfreddy@sh.itjust.works to c/canada@lemmy.ca
62 comments fedilink hide all child comments
 

Two years after Valérie Plante's administration said a new housing bylaw would lead to the construction of 600 new social housing units per year, the city hasn't seen a single one.

The Bylaw for a Diverse Metropolis forces developers to include social, family and, in some places, affordable housing units to any new projects larger than 4,843 square feet.

If they don't, they must pay a fine or hand over land, buildings or individual units for the city to turn into affordable or social housing.

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[–] ggleblanc@kbin.social 32 points 1 year ago (2 children)

From the article: "Those fees have so far amounted to a total of $24.5 million — not enough to develop a single social housing project, according to housing experts."

I don't know about construction costs in Canada, but in many cities in the United States, 24 million dollars could renovate at least 120 homes, assuming a cost of $200,000 per renovation. Renovation is more expensive than building new. You could easily build 240 modest homes on undeveloped land with 24 million dollars.

I've left them half a million for administrative costs.

[–] ExLisper@linux.community 17 points 1 year ago

Houses are not 'affordable housing' and definitely are not housing projects. Medium size apartment building can easily have 100 apartments. That's $240.000 per apartment which would be considered 'affordable' where I live. I'm guessing in Montreal it's more expensive so yeah, they don't even have money for 100 apartments which would be a small housing project.

[–] Afrazzle@sh.itjust.works 16 points 1 year ago

Montreal is a relatively big city, there's not much undeveloped land just sitting around there.