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  #681  
Old Posted Jan 26, 2024, 10:35 PM
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City reaches deal with feds on housing money, but no details yet
City applied for $150M to help speed construction of 7,000 new units

Elyse Skura · CBC News
Posted: Jan 24, 2024 2:48 PM EST | Last Updated: January 24


The City of Ottawa has signed an agreement with Housing Minister Sean Fraser to secure a share of the $4-billion Housing Accelerator Fund, Mayor Mark Sutcliffe said Wednesday.

The announcement, made during a meeting of city council, comes without financial details, but the city had hoped for $150 million.

"This is excellent news for our city," Sutcliffe told councillors at the end of a short New Year's address.

Sutcliffe said the money will be used to help speed up approval processes and get more housing built.

The $4-billion federal initiative has led Fraser to undertake discussions with mayors across the city, at times encouraging municipalities to loosen up zoning regulations to allow four units on all residential lots.

Ottawa city council voted last year to explore that option.

While the agreement is a done deal, Sutcliffe said his work is not over.

"We must continue to work hard to secure the support we need from other levels of government. This is one of my biggest goals for 2024," he said. "We need the help of both the federal and provincial governments so we can make Ottawa truly a better, safer and more affordable city for everyone."

The housing minister's office said it would not provide any further information at this time, but it looks forward to announcing more details in the "near future."

https://www.cbc.ca/news/canada/ottaw...-yet-1.7093499
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  #682  
Old Posted Feb 12, 2024, 6:05 PM
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Ottawa to get $176M from federal housing fund
Deal aims to speed up construction of 4,400 housing units over 3 years, but comes with strings

Arthur White-Crummey · CBC News
Posted: Feb 12, 2024 11:13 AM EST | Last Updated: 41 minutes ago


The federal government is pledging to give Ottawa about $176 million through a housing deal that commits the city to loosen zoning rules to allow more units in return.

The money comes from the federal government's $4-billion Housing Accelerator Fund (HAF), which Housing Minister Sean Fraser has been doling out to cities that show "ambition" on helping speed up construction.

Federal and municipal officials announced the agreement on Monday at the site of an Ottawa Community Housing project at Wateridge Village on a former east-end military base.

In a media release, the federal government said the deal will fast-track more than 4,400 housing units in Ottawa over the next three years, while spurring development of thousands more over the decade.

Referring to the multimillion dollar deal as a "huge downpayment," Ottawa Mayor Mark Sutcliffe said the city worked hard to get as much money as it could from the federal government.

"I think our job at the City of Ottawa, and with the support of our federal partners, is to make it as easy as possible to build as fast as possible," Sutcliffe said at the Monday morning announcement.

"Then it's up to the development community and to homebuyers to take it from there."

The announcement comes less than three months after city council asked staff to look at allowing four units on all serviced lots as part of an ongoing zoning bylaw review.

Fraser has talked up that policy, which would allow fourplexes even in low-density areas, in his negotiations with cities across the country. At least one city, Windsor, Ont., that didn't make the change lost out on the money.

The media release announcing Ottawa's deal said it "will allow for more housing options in the city, including more rental, affordable, and missing middle-housing, with up to four units as-of-right through their comprehensive By-Law Review process." It does not mention any distinction between serviced and unserviced lots.

Fraser was not at Monday's announcement, which instead saw Kanata–Carleton MP and Minister of Families, Children and Social Development Jenna Sudds standing beside the mayor.

"Business as usual will not solve the drastic housing challenges that we face today," she said. "We need systematic change to how we build housing in this country."

The city's application, approved by council in July, listed nine separate actions to speed up housing construction in Ottawa. They include:
  • Using HAF money to support non-profit affordable housing projects that are ready to build but lack funding.
  • Easing zoning rules around major transit stations to allow taller buildings.
  • Making city-owned land available quickly for affordable housing.
  • A community improvement plan providing financial incentives for affordable housing.
  • Streamlining planning approvals.
  • An on-site stormwater management tool to support multi-unit infill developments.

Council had also pledged to implement a provincially imposed policy to allow three units as of right. That would now be superseded by the four-unit policy, which council would still have to pass as part of the new zoning bylaw.

The federal government's media release says the city has agreed to introduce the bylaw in the first half of 2024.

Sudds would not speculate on what will happen if the city doesn't pass those changes, while the mayor insisted that the bylaw will not be fast-tracked and will undergo the usual level of public consultation.

Another commitment — clearing bureaucratic hurdles to converting office space into housing — already passed council in November.

When council passed the action plan, the city estimated those efforts would together support the creation of nearly 7,000 housing units, rather than the 4,400 estimated in the new deal.

Monday's announcement follows deals with London, Ont., for $74 million, Halifax for $79 million, Mississauga, Ont., for $113 million, Vancouver for $115 million and Toronto for $471 million, among others.

Across Canada, the HAF aims to trigger construction of hundreds of thousands of additional homes in the next decade.

But a 2023 report by the Canada Mortgage and Housing Corporation estimated that the country will need about 3.5 million more homes by 2030 — beyond what would be built anyway — to push affordability back to 2004 levels.

Ontario alone will need about 1.5 million, according to the report.

Last year, there were 8,632 housing starts in Ottawa, according to CMHC, most of them apartments.

HAF money comes with conditions, as cities are subject to reporting requirements and progress reviews to make sure they're implementing commitments. Only part of the total will be released up front, with the rest coming in annual instalments over three years.

https://www.cbc.ca/news/canada/ottaw...ator-1.7112332
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  #683  
Old Posted Feb 12, 2024, 7:16 PM
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Amazing to see we got more money that expected. A rare sight. Should help Gladstone Village along quite a bit.

Really hoping OCH can move on the lot between Dream LeBreton and Adisoke. Shameful to leave that gap in the expanded urban fabric.
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  #684  
Old Posted Feb 13, 2024, 12:18 AM
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Williamoforange Williamoforange is offline
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Yeah I wouldn't count on anything until we actually make the required changes, and considering the current sitting Chair of the planning committee fought 4 plexes in his ward, Approved the new changes to planning that have only increased the times of proposals, Voted against most High-rises near mass transit...I'm not holding my breath that the required changes will be done at all, nvm in time....

https://x.com/ABetterOttawa/status/1...534332165?s=20
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  #685  
Old Posted Feb 13, 2024, 3:18 PM
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Feds’ $176M contribution no silver bullet to solve housing crisis, Ottawa developer says

David Sali, OBJ
February 12, 2024 4:06 PM ET


An advocate for Ottawa’s homebuilding industry says a $176-million influx of federal cash to speed up the pace of housing construction in the capital could make it more cost-effective for developers to build much-needed affordable units.

Federal and municipal officials announced the new funding Monday at Wateridge Village, an Ottawa Community Housing project on the site of a former military base in the city’s east end.

The cash comes from the federal government’s $4-billion Housing Accelerator Fund, which aims to spur construction of new homes across Canada. In a news release, the feds said they expect the funding to fast-track more than 4,400 housing units in Ottawa over the next three years and more than 30,000 units over the next decade.

“This funding won’t solve the housing crisis on its own,” Ottawa Mayor Mark Sutcliffe said at a morning news conference. “But it is a giant leap forward for our city and allows Ottawa to take bold and immediate actions to mitigate the housing crisis, build more homes and build faster.

“We want to open the doors, eliminate the obstacles, reduce the barriers and make it as easy as possible to build as fast as possible.”

The City of Ottawa said Monday that 90 per cent of the funds will be used for affordable housing, such as capital funding for shovel-ready projects and financial incentives for developments that include affordable units.

The rest of the money is expected to go toward measures that help streamline development approvals, such as electronic permitting and digital applications, and enhanced services.

Jason Burggraaf, the executive director of the Greater Ottawa Home Builders’ Association, said cutting red tape at city hall would save developers time and money as they ramp up construction of more units to meet the city’s ambitious housing goals.

“We want to see what the timelines are, what those deliverables are,” Burggraaf said. “There’s a lot of talk of improving the application process, the timelines, reducing barriers, which all contribute to housing affordability. Let’s see what those details are and make sure that they fulfil the intent.”

The city said the new agreement with the feds will pave the way for “more housing options,” including rentals, affordable units and “missing middle” housing that could be achieved by allowing up to four units on a single lot instead of the maximum of three that are now allowed in Ottawa.

Federal Housing Minister Sean Fraser has pushed for more fourplex developments when rolling out HAF funding in other cities. Last November, Ottawa council approved a motion directing city staff to look at allowing four units on all serviced lots as part of their review of the new zoning bylaw.

Sutcliffe said Monday a new bylaw will be introduced before the end of June, adding he expects it to be approved by council some time next year.

Fraser did not attend Monday’s announcement. But Kanata-Carleton MP Jenna Sudds, who also serves as the federal minister of families, children and social development, told reporters there is an “expectation” that council will follow the process to consider allowing four units per lot.

“I have full confidence in our community and in our city that we will reach that (goal),” Sudds added. “I think we’re in a very good place.”

Burggraaf said clearing the way for fourplexes would make it more economical for builders to launch new projects because four units per lot is the threshold for developers to qualify for relief from GST and HST under new guidelines for purpose-built rental housing.

“This kind of low-rise conversion into multiple units is critical for the city if it wants to achieve its housing goals,” he explained.

“We really need (the four-unit policy) so that … really small developers can start taking advantage of building those smaller, for-purpose rental units.”

However, one of the city’s leading property developers said taxpayer dollars might be better spent on upgrading sewers and other infrastructure in neighbourhoods that aren’t equipped to handle additional density.

“It’s fine and dandy to promise we’re going to rezone for four units on every single-family-home-zoned property, but there are some infrastructure shortfalls that need to be addressed to get there,” Claridge Homes vice-president Neil Malhotra said in an interview on Monday afternoon.

“The pipes in the ground were not built for every house to turn into four units. Somebody’s going to have to figure out how to pay for that.”

Malhotra noted that development fees – one-time charges levied on homebuilders to help pay for growth-related infrastructure expenses – now account for the second-biggest chunk of his firm’s construction costs.

The fees went up nearly 10 per cent last October, and Malhotra expects them to rise even more as the strain on municipal infrastructure grows with each new housing development.

Developers will have no choice but to pass those extra costs on to homebuyers, he said.

“If the city’s working assumption is that development charges are going to pay for all this, it’s going to have a little bit of a negative impact on the housing market at the end of the day,” Malhotra said.

While acknowledging there is a “desperate need” for more affordable housing, Malhotra said the latest funding won’t solve the underlying issues – such as soaring construction and financing costs – that have driven prices out of the reach of many Ottawa residents.

“It’s not going to take the strain off the middle market – especially if these changes trigger higher development charges, which they’re going to,” he said.

https://obj.ca/feds-176m-contributio...ousing-crisis/
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  #686  
Old Posted Feb 15, 2024, 1:32 AM
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New housing money is great but Ottawa can do a lot more to speed up home-building
Imagine a world where the city cut away all the red tape so that if a builder presented a plan that was certified as structurally sound, council just said yes.

Randall Denley, Ottawa Citizen
Published Feb 13, 2024 • 3 minute read


There were smiles all around Monday as local MPs and city politicians gathered to announce Ottawa’s share of the feds’ $4-billion Housing Accelerator Fund, and why not?

It was a good negotiation for the city, which got more than the $150 million it had anticipated from the federal government. The city achieved this result without doing much that it didn’t intend to do anyway. The one exception is agreeing to the feds’ demand for automatic approval of up to four units on a single family lot. The provincial standard is three. The federal government seems to think this is a game changer, but it’s a slow way to add housing.

The $176.3 million Ottawa got will mostly benefit those waiting for government-subsidized housing. Ninety per cent of the money will be used to help pay for such projects. About 4,450 units are expected over three years. The federal government also speculates that various provisions to speed approvals in the broader housing market “will help fast track” 32,600 homes in Ottawa over the next decade.

Let’s put that in context. Ottawa’s provincial housing target calls for 151,000 units over a decade. Last year, there were 8,632 housing starts in the city, 78 per cent of its annual goal, according to provincial figures.

The federal government claims that its $4-billion fund will fast-track 100,000 new homes across the country over three years and 550,000 over a decade.

That’s a big number, but it’s dwarfed by the expected demand. In its latest housing estimate, the Canada Mortgage and Housing Corporation says that the country will build 2.2 million homes by 2030, but it will require 3.5 million units on top of that to restore housing affordability.

Monday’s announcement in Ottawa, like those that have preceded it across the country, imagines that there are big gains to be made by simplifying and speeding up housing approvals. It’s a bit like thinking that your car will go farther on a tank of gas if you drive it faster.

Rules and targets won’t overcome the biggest limitations on housing supply, which are high interest rates, high material costs and skilled labour shortages. There just aren’t enough builders and trades people to meet the level of demand created by outsized immigration numbers.

That said, development approvals should be simpler and cheaper, to maximize industry capacity and keep the approval costs down. Ottawa will take an important first step toward that goal when it releases its new zoning bylaw policy this summer. Its zoning rules are out of date and generally don’t reflect the heights and densities allowed under the current Official Plan. Bringing zoning and the plan into sync will reduce time-consuming rezoning applications.

That should only be the start. If they want houses built faster, city politicians have to ask themselves what real value is added by the many steps and studies they require before a development is approved.

Imagine a world this simple. Say a particular site was zoned for a 20-storey residential building and a builder presented a plan for just such a building, a plan that been certified as structurally sound by a professional engineer. Shouldn’t the city, so desperate for housing, just say yes?

That would mean councillors and city staff would no longer have an opportunity to quibble over things like the shadows the building would cast, the amount of parking, and the fate of individual trees. It would also prevent them from imposing their esthetic preferences on the building’s appearance.

As it stands, the city applies an almost ludicrous level of control over the details of new development. That’s what slows housing approvals. Drive around town sometime and see if you think it’s producing fantastic results.

Mayor Mark Sutcliffe described the city’s job quite accurately Monday when he said it is “to make it as easy as possible for people to build as fast as possible.” That goal is still a long way off.


Randall Denley is an Ottawa journalist and author. Contact him at randalldenley1@gmail.com

https://ottawacitizen.com/opinion/de...-home-building
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  #687  
Old Posted Feb 15, 2024, 3:42 AM
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Denley seems to be on a streak as of late...between this and his correct stance on Menards bribes.
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  #688  
Old Posted Feb 21, 2024, 2:54 PM
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How Ottawa's milder winter is helping contractors get more work done
Warmer temperatures help with productivity, says Ottawa Construction Association

Natalia Goodwin · CBC News
Posted: Feb 21, 2024 4:00 AM EST | Last Updated: 6 hours ago


Ottawa's mild winter may have shortened the canal skating and skiing season, but it's had some perks for those who work in the construction industry.

This winter has been mostly mild, without hitting –20 C yet, and dry.

According to Environment Canada, Ottawa has so far seen 96.3 centimetres of winter precipitation such as snow and ice pellets since Dec. 1. During the same timeframe last year, Ottawa saw 222.1 centimetres.

For the most part, the Ottawa Construction Association said construction can continue all year but extreme weather can affect how much work gets done.

"It just impacts productivity and impacts performance of equipment. So what you're seeing is they can deliver more construction per day when it's easygoing than when it's extreme," said John DeVries, its president and general manager.

"You can imagine with the major snowfall, you've got to start with the clearing away things and moving things, so you really get less construction done when you gotta spend an hour or two in the morning getting everything ready," he said.

That productivity trickles down to the actual worker, DeVries said, because their bodies can get more done when the temperature isn't as frigid.

There could be savings on top of that productivity.

"The major construction sites … they'll have tarped-in areas for heating, so I imagine there's a significant saving in propane heating going on this year."

It's a different dynamic in the summer if temperatures are 14 degrees above average, as they're forecast to be Thursday night.

Ontario's comprehensive 2023 climate report points to several challenges to the provinces construction industry and its workers because of climate change: rising temperatures, extreme weather, water shortages and the trickle-down effects on the supply chain, for a few examples.

It's one sector where those scientists say taking meaningful action to cut emissions would keep risks from rising much further.

In the city's west end, roofer Byron Bustillo has been busy working on a large project for the past few months.

This winter, he's been able to work most days. Last year, Bustillo says he could only work two to three days a week — sometimes less.

"Technically, I would have had to have stopped at some point during the winter because things start to break," he said

"Whereas this winter, it's just been mild, so we've just been continuing and looks like we'll be done just before the springtime."

Bustillo said the lack of frozen precipitation makes his job a lot safer too.

"It just makes it slippery, like you're on a rope … So when it's slippery like that, you really just gotta take things slow," he said.

It's not just those who work outdoors. Severe Contracting takes on residential construction jobs, specializing in basements, second dwellings and custom builds.

This winter, the company has been able to continue jobs it usually would have to push to the summer.

"We usually stop cutting windows out in November, but because of the mild weather, we can continue to do it basically up to now," said Steeven Severe, operations manager and CEO

Severe said he's also been able to complete second entrances, interlock and outdoor fixing work, all thanks to the mild winter.

https://www.cbc.ca/news/canada/ottaw...nomy-1.7120399
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  #689  
Old Posted Mar 27, 2024, 3:43 PM
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Apartment construction surged last year but demand still outpacing supply, says CMHC
Montreal, Ottawa, Edmonton saw drop in total housing starts

Jenna Benchetrit · CBC News
Posted: Mar 27, 2024 10:40 AM EDT | Last Updated: 35 minutes ago


A surge in new apartment construction drove housing start increases in several major Canadian cities last year, but demand continues to outweigh supply, according to a report released Wednesday by the federal housing agency.

The report from Canada Mortgage and Housing Corporation focuses on six major cities: Toronto, Montreal, Vancouver, Calgary, Edmonton and Ottawa. Their combined housing starts dipped 0.5 per cent compared with 2022, totalling 137,915 units, as apartment starts grew seven per cent, to reach a record 98,774 units.

That number was offset by declines in the number of new single-detached homes, which fell 20 per cent year over year, due to weaker demand for higher-priced homes in an elevated mortgage rate environment.

Toronto, Vancouver and Calgary all saw an increase in total housing starts boosted by record-high levels of apartment construction.

Montreal, meanwhile, saw a 35 per cent decline in apartment starts due to higher financing and construction costs — its lowest level in eight years, according to CMHC. It was the only market with a significant decrease in new homes being built across all housing types.

Ottawa and Edmonton saw drops in total starts, with the former logging a 20 per cent decline and the latter a 10 per cent decline. Yet apartment starts in Ottawa reached their highest level since the 1970s, according to the report.

Purpose-built rental construction accounted for 42 per cent of all apartment construction in 2023 — reaching a record 41,460 units — which contributed heavily to the total starts.

But high vacancy rates and a rapid increase in the cost of rent have indicated that demand is outpacing supply for these types of properties.

With files from The Canadian Press

https://www.cbc.ca/news/business/cmh...port-1.7156856
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  #690  
Old Posted Mar 27, 2024, 5:03 PM
Richard Eade Richard Eade is offline
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I find this article a bit confusing. From what I can make out, overall, total housing starts DROPPED by 0.5%, year-over-year. That seemed to be mostly due to 20% fewer single family homes being built. But, the number of apartments (this is a combination of rentals and condos) started was way up (7% year-over-year).

So, 20% fewer singles, plus 7% more apartments gives an overall 0.5% decrease. OK; got that.

Ottawa, specifically, had a reduction of 20% in total housing starts (which the article seems to feel is not significant). That is 40x the average decrease of 0.5%. But, Ottawa had apartment starts reach its highest level since the 1970s. This must indicate that Ottawa had a HUGE drop in single family homes started in 2023 - much more than 20%.

With an 'affordable housing crisis' at hand, why are builders not building small single homes by the thousands? You know, the 'Starter Homes' of yore.

Anyway, the last line of the article is either wrong, or it tells us why housing starts were down.
Quote:
But high vacancy rates and a rapid increase in the cost of rent have indicated that demand is outpacing supply for these types of properties.
* "these types of properties" means rental apartments.

A HIGH VACANCY RATE indicates an under supply? That's new.

So, is the article wrong - and there is actually a LOW vacancy rate? (Which would indicate high demand.)

Or is there a HIGH vacancy rate because the rents being asked for are too high? (Which should correct itself if the VUT applies to all apartments.)
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  #691  
Old Posted Mar 27, 2024, 5:22 PM
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Quote:
Originally Posted by Richard Eade View Post
With an 'affordable housing crisis' at hand, why are builders not building small single homes by the thousands? You know, the 'Starter Homes' of yore.
At least part of the problem is that people don't buy the small starter homes of yore anymore. The average size of a home has climbed dramatically since the 50s and 60s. Maybe that is slowly changing with the current housing crisis, but until recently, the demand just hasn't been there. The market is asking for ever larger homes, which are crammed on lots that are decreasing in size.

I think there is also the question of limited lots for SFHs, and the economics of putting a smaller, cheaper house on a lot, which is going to require the developer to leave money on the table.
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  #692  
Old Posted Mar 27, 2024, 9:59 PM
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Good catch, they have corrected that article to "low vacancy rates"

A huge component in the cost of housing is more fixed costs like land, servicing, design, fees and taxes. If you built a 1000 square foot home, it wouldn't cost half as much as a 2000 square foot home. Certain parts of the project like the second floor are also cheaper per square foot.

For example, in the Pathways project (Phoenix Homes) for 35 foot lot, a 1400 sq foot bungalow is $849,000 (607$ per square foot) while a 2700 sq foot 2 storey home is $979,000 ($363psf). The living space goes up by 93% for a 15% increase in total cost.
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  #693  
Old Posted Mar 28, 2024, 1:36 PM
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Unlimited tower heights in Ottawa? City officials dampen developer hopes
Proposal to axe height limits near major transit stations was part of zoning plan from home builders

Arthur White-Crummey · CBC News
Posted: Mar 28, 2024 4:00 AM EDT | Last Updated: 2 hours ago


A developer plan to supercharge housing construction by drastically loosening zoning rules isn't meeting much enthusiasm at Ottawa city hall, at least for its most radical proposals.

The Greater Ottawa Home Builders' Association released a white paper this week pushing for unlimited building heights within 800 metres of transit stations and blanket permission to build up to four storeys high everywhere in the city.

It comes as the city works on a new zoning bylaw, with a first draft expected this spring. But top planning officials say the new rules almost certainly won't go that far.

David Wise, acting director of economic development and long-range planning, said none of the city's existing plans envision totally abandoning height limits.

"If we were to go that route, that would be a much more significant policy undertaking and that's just not in scope right now," he said.

"We certainly are not looking at blanket upzoning of neighbourhoods to four storeys as of right across the city," Wise added.

Planning and housing committee chair Jeff Leiper agreed. He expects height limits will stay in place — even if they go up — so developers will have to come to his committee on a case by case basis to get permission for supertall skyscrapers.

"If a developer wants to go to 80 or 90 or 100 storeys at one of our transit stations, come see us about a rezoning," said Leiper, "but I'm not convinced we need that as of right and frankly I'm not convinced the market is there."

The association's white paper also calls for allowing front-yard parking and ditching rules that force developers to provide parking spaces for residents.

Leiper has previously signalled that the new zoning bylaw will likely loosen minimum parking rules, but it's unlikely to eliminate them altogether.

The white paper does support a policy that has a better chance of passing at council: allowing up to four residential units on every lot with city services.

The province already forced the city to allow three, but the federal government has appeared to insist on four as a condition for Ottawa getting a share of the $4 billion housing accelerator fund.

When the city signed a deal to get more than $176 million from the fund, it seemed like the policy was a sure thing.

Now, according to an opinion from a city lawyer, council seems to have some wiggle room.

Senior legal counsel Timothy Marc said the city is obligated to propose a draft bylaw that allows four units everywhere, but it has made no binding commitment to actually pass it.

Still, Leiper said rejecting four units would be a risky move.

"That decision is council's to make," said Leiper. "It will be interesting to see how that discussion goes: four units per lot is going to be controversial. I think if we don't adopt it, we heighten our risk."

That risk could be expensive. The city could lose out on $44 million — the fourth and last instalment of the housing accelerator money.

Technically, that money hinges on meeting targets for the city to issue thousands of building permits. But Leiper expects that the decision to withhold the money will be a political one even if the city comes up short — and the federal government has made its four-unit preferences clear.

Councillors also debated what to actually do with all that money once it comes.

Leiper's committee voted Wednesday for a plan to devote 90 per cent of the cash to projects in the so-called affordable housing pipeline, a shortlist of non-profit proposals that are ready to go — but lack funding. The plan still has to go to council for final approval.

But Wednesday's vote didn't come without controversy, especially over who would call the shots.

Staff are asking for authority to dole out the money to the shortlisted projects themselves, without coming back to council every year for approval.

River ward Coun. Riley Brockington was uncomfortable with that. He asked why a single official, the housing services director, should have "carte blanche" to spend so much money.

"I do think on an annual basis it's wise, given the amount of money we're talking about, to see what their proposed list is, sign off on that, and go forward from there," he said.

Though other councillors shared his discomfort, Brockington was the only one to ultimately oppose the plan when it came to a vote.

The city shortlist of housing providers eligible for funding includes the Shepherds of Good Hope, whose plan to open a fourth supportive housing building in Carlington has generated vocal opposition in Brockington's ward.

"There's a lot of concern in the community with a centre that they opened last summer, and I would like to deal with and get those issues to bed before we talk about building a fourth building in that community," he said.

Leiper thinks councillors should keep their distance and allow staff to pick the projects.

"When it comes to deciding which housing providers are receiving the funding that flows through from the province, that flows through from the feds, that flows through from our own capital budget, politicians have traditionally been hands off," he said.

"You don't want politicians playing politics with serving the most vulnerable people."

https://www.cbc.ca/news/canada/ottaw...opes-1.7157799
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Old Posted Apr 12, 2024, 6:49 PM
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Royal LePage upgrades national year-end home price forecast as Canadian real estate market hits 'critical tipping point'

News provided by Royal LePage Real Estate Services
Apr 12, 2024, 03:30 ET


TORONTO, April 12, 2024 /CNW/ - Royal LePage is forecasting that the aggregate price of a home in Canada will increase 9.0 per cent in the fourth quarter of 2024, compared to the same period last year. Based on stronger-than-expected first quarter results, the previous forecast has been upgraded nationally and in most major markets.

According to the Royal LePage House Price Survey released today, the aggregate1 price of a home in Canada increased 4.3 per cent year over year to $812,100 in the first quarter of 2024. On a quarter-over-quarter basis, the national aggregate home price increased 2.9 per cent, an indication that sidelined buyers are rebooting their real estate purchase plans ahead of expected interest rate cuts, as predicted in January.


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Ottawa

The aggregate price of a home in Ottawa increased 4.4 per cent year over year to $757,700 in the first quarter of 2024. On a quarterly basis, the aggregate price of a home in the region rose by a modest 0.4 per cent.

Broken out by housing type, the median price of a single-family detached home increased 4.5 per cent year over year to $869,300 in the first quarter of 2024, while the median price of a condominium increased 4.6 per cent to $401,500 during the same period.

"The Ottawa housing market has seen a positive start to the year, with an uptick in activity persisting as we enter the spring market. With an anticipated drop in interest rates expected this year, buyers and sellers are regaining confidence and are beginning to come off the sidelines," said Jason Ralph, broker of record, Royal LePage Team Realty. "With this boost in market activity, we have begun to see more multiple-offer scenarios taking place, less so in comparison to the peak of the pandemic, but enough to put upward pressure on housing prices. I expect this momentum will continue into the summer and fall markets."

While the region's inventory levels have seen improvement compared to the previous year, there is still not enough supply to satisfy the growing demand.

"Demand for all housing types continues to outpace available supply in Ottawa. While we are seeing more product become available, we are still lacking enough inventory to satisfy demand, especially as buyer activity ramps up. I expect more sellers will be willing to list their homes if we see interest rates decrease in the coming months," added Ralph.

Ralph noted that new developments for both single-family homes and condominiums have picked up again as buyer demand surges. He predicts that this uptick in new developments will help alleviate inventory constraints, and anticipates an increase in new-build transactions this year.

"Looking ahead, I expect interest rate cuts will spur market activity further in Ottawa as more buyers and sellers jump back into the market. I believe we will see a robust spring market followed by even stronger summer and fall seasons, where we will really begin to see the benefits of lowered lending rates," added Ralph.

Royal LePage is forecasting that the aggregate price of a home in Ottawa will increase 4.5 per cent in the fourth quarter of 2024, compared to the same quarter last year.

Royal LePage House Price Survey Chart: rlp.ca/house-prices-Q1-2024
Royal LePage Forecast Chart: rlp.ca/market-forecast-Q1-2024


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https://www.newswire.ca/news-release...885508755.html
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  #695  
Old Posted Apr 14, 2024, 4:34 PM
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Ottawa is funding affordable rental projects that aren’t actually affordable
Analysis of rental data reveals 87 of 177 rental projects approved through Ottawa’s Apartment Construction Loan Program exceed what a typical renter household can actually afford to pay

Rachelle Younglai, Erin Anderssen, Chen Wang
The Globe and Mail
Published April 12, 2024 | Updated Yesterday




https://www.theglobeandmail.com/cana...ental-housing/
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  #696  
Old Posted Apr 16, 2024, 9:39 PM
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Feds look to offload office space faster, open military properties for housing
National Defence Medical Centre near General Hospital among 14 military properties up for divestment

Arthur White-Crummey · CBC News
Posted: Apr 16, 2024 4:04 PM EDT | Last Updated: 7 minutes ago


The federal government is committing $1.1 billion over the next 10 years to offload its office holdings more quickly, as part of a plan it hopes will spur housing conversions in Ottawa and beyond.

That came in the federal budget on Tuesday, which also announced plans to transform a former Ottawa military hospital into housing and lease land to build more homes on a shuttered east-end air force base.

Public Service and Procurement Canada has already set a target of cutting its office portfolio by up to 50 per cent. It has nearly 65 million square feet of floor space, most of it in the National Capital Region, and estimates about half is now vacant.

The new funding is meant to "accelerate the ending of leases" and cover the cost of deferred maintenance to help reach that target.

"This would enable more office buildings, particularly in urban areas, to be converted into homes for Canadians, while also ensuring the responsible use of government resources," the budget says.

The government expects that reducing the federal office footprint could save it $3.9 billion over 10 years, paying for the outlay of $1.1 billion many times over.

There's no guarantee that all that office space will be converted into housing, and some property could simply reenter the downtown Ottawa office market, adding to a vacancy rate that's currently running above 11 per cent.

But it's clear that the federal government wants to open up as many of its holdings as possible to residential use.

"Wherever possible, public land should be used for homes," the budget says. "Moving forward, the federal government will partner with the housing sector to build homes on every possible site across the federal portfolio."

The budget mentions a few specific Ottawa properties that have the potential for housing conversions. That includes the former National Defence Medical Centre near Ottawa's General Hospital.

The 375,000-square-foot, nine-storey brick building was built between 1960 and 1961 and operated as a military hospital that also served "political VIPs." It was designated as a heritage property in 2002.

According to the budget, the defence department will work with the Canada Lands Company, a Crown corporation that redevelops federal properties, to divest the hospital and 13 other unneeded military facilities across the country.

The federal government is also planning to "urgently" lease out land at the former Canadian Forces Base Rockcliffe for 500 new homes in the growing Wateridge Village community developed by Canada Lands. About 1,000 people already live there.

The budget announces plans to "overhaul" Canada Lands Company. That includes seeking to transfer land to the company for $1 to further affordable housing projects, instead of the current practice of selling it at market rates.

https://www.cbc.ca/news/canada/ottaw...sing-1.7175539
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