Halifax drops plan to require affordable housing units in new buildings (www.cbc.ca)

submitted 6 hours ago by HellsBelle@sh.itjust.works to c/canada@lemmy.ca

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Halifax will not move ahead with a tool that would require affordable housing units in certain new buildings — for now.

On Tuesday, municipal staff brought a report on inclusionary zoning to regional council, nearly three years after a former council voted for the idea in 2023.

The report includes a consultant’s study that examined the local market impacts of requiring a certain percentage of affordable units in new buildings. The group also consulted with private developers and non-profit housing groups.

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[-] HellsBelle@sh.itjust.works 13 points 6 hours ago

The study found that inclusionary zoning might be viable in lower-density projects, especially in cheaper wood-framed developments. But, it would not currently work for highrise rental buildings, which have the slimmest profit margins.

Worrying more about builder's profit margins than unhoused people's need is sickening.

[-] GreenBeard@lemmy.ca 5 points 4 hours ago

It's the fundamental problem of having no public housing construction. If the profits aren't there, private developers just won't build them. If we had something like a UK council-housing system, we could just build it and deal with recouping costs through other means or on longer time scales.