Champion Affordable Housing
- As the City inevitably welcomes new residents, housing must be built for everyone. We can:
- • Lead neighbourhood planning towards measured, affordable densification
- • Balance growth with affordable options and livability
- • Review Local Area Plans every 5 years
- • Curb speculation by exploring a 10% tax levy – payable into a housing fund – if a residential property is sold in less than 5 years
- • Create incentives for: large home conversions to multi-
suites, rental only buildings, below-market rentals, 3+
bedroom units etc.
- • Allow garden suites on single family home lots with legal
secondary suites, and garden suites to be strata-titled with re-sale limits
- • Grow, incent, and support co-operative housing
- • Explore subsidies, tax deferments, and other programs to support new home renters and buyers
- • Pilot a project matching seniors with eligible lodgers