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.

  • Victor Villas@lemmy.ca
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    1 year ago

    I’m sure there’s a high enough fine that would make it more financially advantageous to build social housing, but there’s also the problem of these developers be willing to take a hit on their very hefty profit margins if that means maintaining a “brand”, so I’d wager policymakers underestimated the effective fine value by a factor of 10 at least.