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Every developer has opted to pay Montreal instead of building affordable housing, under new bylaw (www.cbc.ca)
submitted 3 years ago by to c/canada@lemmy.ca
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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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[–] 3 points 3 years ago* (last edited 3 years ago) (1 child)

Given a significant portion of politicians own investment and rental properties, I'd be nervous about how well they would actually handle owning all the housing supply. I think there are corruption issues and policies to protect the public needed before the government should own significant amounts of housing.

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