Affordable Housing Program: A Case Study

855 Words2 Pages

However, in 2001, federal government once again entered the housing field with the announcement of funding for Affordable Housing Program (AHP) to be administered by the province, and soon, in 2002, signed an agreement with Ontario under the Canada/Ontario AHP for 5 years, with a condition that the province would match the federal funds for the program (ONPHA, n.d.). However, in its agreement with the federal government, Ontario passed a huge portion of matching funds to its municipalities (ONPHA, n.d). Later, in 2007, Homeless Partnering Strategy , a federal homeless funding, initially meant only to prevent and reduce homelessness in the country, became one of the main sources for the City to employ for building new housing (ONPHA, n.d.). …show more content…

Although senior level governments have started to invest in affordable housing in the City, however, their role has been limited and unpredictable (Mah, 2009). It is also well-known that most of the financial burden for housing production have been transferred on to the local governments (Mah, 2009; Evans 2009). Also, local governments are facing many different challenges, from social and cultural issues to environmental and transportation issues (Evans, …show more content…

Through Density Bonusing, municipalities grant additional height or density to the major residential development in exchange for the provision of "facilities, services or matters" widely known as community benefits. These policies are widely used by municipalities because most of the needed public services could be provided at no direct costs to the government. Private developer and investors are attracted to this mechanism because they can make more profits from a single development. The developers can maximize their profits by developing additional units gained by contributing a certain percentage of those additional units to in- or off-site affordable housing or supporting other community

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