Council Acts on Affordable Housing

At the Committee of the Whole meeting on April 1st, Council was asked to approve support for both the Balder Corporation Proposal and the Trinity Housing Proposal – both of which were behind Nicole Beatty’s initiative to add $250,000 to the Town’s 2019 budget for affordable housing projects.  Staff provided a 28 page memo outlining measures that could be taken to provide support.  One of these is the creation of a Townwide Community Improvement Plan to allow certain incentives to be provided and another is additional staff to implement a “new housing program”.  Staff suggested actions that would cost $360K in addition to a shortfall in revenue of $52K.  Most of this would go towards the Trinity Housing project.  At… Read complete articleCouncil Acts on Affordable Housing