Housing
Affordable Housing – Testing the Use of Financial Incentives
Client:
Evergreen City Works - Housing Action Lab
Location:
Ontario
NBLC Services
Affordable Housing Strategies
Financial Analysis
Municipal Land Disposition
Project Description
Evergreen CityWorks is taking steps to change how we plan and design our cities to transform the way we live,and reduce the environmental impact of urban areas on a large scale. NBLC was retained by City Works through the GTA Housing lab to consider the way affordable housing funding has been deployed to assist the private sector in delivering new product across the GTA. Our study considers the impact of regional market differences, development forms, construction techniques and more subtle issues such as the relative experience of developers on the required subsidies. The report points to opportunities for tuning the delivery model that could create greater efficiencies and ulitmately increase the supply of affordably priced new homes.
