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.

  • HellsBelle@sh.itjust.worksOP
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    1 month 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
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      1 month 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.