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Old Posted May 20, 2022, 7:39 PM
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Biff Biff is offline
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Join Date: Jun 2004
Location: Winnipeg
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Quote:
Originally Posted by borkborkbork View Post
Thanks everyone for clarifying the whole south/north thing. Makes more sense now.

Where does the money come from for affordable housing? Or is the idea that developers will just bid for the land at whatever price will allow them to turn a profit while building something that can be rented at below-market rates?

Edit: Or can the north block just be developed for 100% market-rate rental, condo, etc without restriction, and the affordable housing is being built on the south portion?
To my knowledge the north portion of the site has no restrictions other than whatever aesthetics CentreVenture has placed on it.
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