Ontario Community Newspapers

Waterloo Chronicle (Waterloo, On1868), 4 Jun 2014, p. 11

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WAi'Eiiux) CHRONicw-Wedneaday,ium4.20i4- ii Plan all region can do right now _' ""_"" “"" """ """â€"- Continuedfrompqel can ensure affordable hous- good enough. I think we ing remains on the LR'I‘ route need to have a hard look at The entire new plan will and how to incentivize devel~ that. We are creating change cost about $30 million. but opers to create units along that corridor. but we its implementation will “There is some concern also have a responsibility to ’ depend on whether the that property pricesgoing up make sure there is some ”“‘“'““"“““""‘“""“"": region receives funding from might drive out affordable affordable housing not only i 1 other levels of govemmentâ€" housing along the route, so maintained. but continuing a» ,. | T I, . 1 so far, it’s estimated the I'm curious as to whether or togrowalong that com’dor.” PM) i 3 L LA R 5 TL) RE 1 region will receive 516 mil» not we are building anything For this year, the region fl" ___m-_._________.__... on my porch,“ of lion to $17 million. into the plan that might try will set aside $690,000 for $10 I % “It's an afiordable housing to deal with that,” Galloway new rental and supportive or m ; strategy that makes sense for said. housing and $400,000 for Exchtdho m l. Doug ”can“. ; the current fiscal climate we Schumacher told council renovating and remodeling 51 9 ~ 7 4 7 ~ 8080 mm, 2014 : are operating in as a region the region can work with the homes. Calls for these pro- ‘ ' ‘ ""“" "" “"“"“"“"“~""‘ and the lack of commitment municipalities to ensure posalswill go out in June. from federal and provincial developers take advantage of Regional commissioner of levels of government," said density bonusing, which planning, housing and com- ' (loun. Sean Strickland. requires new builds to have a inunity services Rob Home 7 ‘ . ‘ "- “ “This is a good plan, but certain number of affordable said the measures this year Q 9 it’s not an ambitious plan." units But the region can also are substantially less because ‘ (Ioun. Tom Galloway prioritize access to transit of the lack of funding avail- »‘ . . . ' 1 . 4 ‘ agreed, saying. “It is quite a and the rapid transit con'idot able from higher levels of ‘ {4 5“ ‘ , - bit less than we've had in the when proposals are received government. but it's what the 4 x ‘ past, but in the past we’ve for affordable housing units region can achieve in the A ,' ' ‘ if had funding announcements But that wasn't enough for interim. _ ,.' ‘ . ~ _ K ‘. 7 and funding available. and Interim who was looking for According to Home. the . N t ,- ‘ 1 now we are in a vacuum of something more concrete. plan lays out some of the ; ’ f ' ‘ , funding announcements “i think I'd be a lot more region's goals and the num< â€" \ . ‘ “lthinkhynecessiryiihas comfortableifwehadsome- ber of units they’d like to THE FOUNDATION 5‘ LONCRETE . ..1_ . to he a more modest plan thing in our strategy for the achieve should the funding RE PA l R SPE C l AL IS TS 1 ’ ‘” ' and hopefully we can pull it next five years talking about become available in the ‘ off with what will be fairly the I()N corridor and what future. Along with the alloca- lirnited suppon ' we feel our commitments to tioii of money for this year, ' After a stafi presentation that are." he said. council will request senior WWW _ W I SE C ra C k S _ C 0 n] on the plan, (nuncillors (all “I know the idea (it post levels of gtwemment partial I _ Ioway and (ii-oft Lorentz hanging on to what we have pate in the strategy by pro- \1 - both asked how the region Ls OK, but I don't think that's Vidinglong-terrn capital. BO ) W I SE C fa C k S ' C 0 I" Q1 519-570-0938 CLEARANCE Sleep well...lee well. 3 ~ J“, 0 0 ’ ‘ » I Mattresses Fm o iTo ‘ 0 OFF r i in" mi at ‘ >ilHidTltlfl wrtt~ ' Twm 5199 (may: 0:1 _ .. , _ . any 9 ma rev. . i , ‘ . ’ Double $279 . ' Queen 5315 aedmd . Heavenly DINOW') in fresh OVE H spring tolours o , We pay the tax! r 0 ‘ 1 - «3 l 7 0? l 0 FREE GIFT WITH EVERY MATTRESS _ WM“ MCNASG CV!“ “00 0“; ‘ t 0 "Newton CLEAR OUT I *" "._ CASH G (AMY S’ECIALS '- _ J 136 D(ARBORN PLACE WATERLOO 519-747 3729

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