sweeping new housing legislation
“I’m pleased that we’re seeing the change,” said Dave Wilkes, President and CEO of the Building Industry and Land Development Association. “This really is a generational bill to address a generational challenge, and I’m very encouraged that this will create a different framework, a different culture, a different approach.”
“This is one of the positive pieces of the legislation,” Goodchild said. “We support measures that encourage gentle density to create a greater array of rental housing. However, these new units would not be protected by rent control, and rents are unaffordable for many people already.”In what appears to be a trickle-down approach, the Province has vowed to reduce costs to developers through lower fees.
The legislation also seeks to scrap third-party appeals to the OLT, meaning those not directly involved in the development, including residents or environmental groups, couldn’t file a complaint. The move is meant to alleviate the OLT backlog and prevent developments from costly delays.
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