Community Improvement Plan – Awards from 2021 Budget
It seems that Council believes that affordable housing requires that the Town provide subsidies by way of grants, loans and waiving fees. The way to do this is to create a “Community Improvement Plan” directed at affordable housing. After a consultant’s study and public meetings, such a plan was approved in November 2020 (see Resources below). The process to implement it was then approved in June of 2021 and inputs were requested from developers to obtain the 2021 budget of $250,000. An ad hoc committee was created to review the applications and at the CoW on 6 September, 2022 one recipient was finally approved: Balder Corporation was awarded $248K in grants and loans. This was ratified at the Regular Council… Read complete articleCommunity Improvement Plan – Awards from 2021 Budget