The City of Fredericton is looking to amend bylaws to promote secondary units on properties. One housing researcher said there are pros and cons to the strategy.
The City of Fredericton says bonus incentives can help make affordable housing more attractive to developers.
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Posted: Mar 02, 2021 6:22 PM AT | Last Updated: March 2
Fredericton is hoping incentives can coax more developers into including affordable housing units in their projects.(City of Fredericton) comments
The City of Fredericton is hoping bonus incentives can help make affordable housing more attractive to developers.
Currently under the city s zoning bylaw, developers can get more units in their build if some of those units qualify as affordable under the province s Affordable Housing Program.
But, Marcello Battilana, the manager of community planning at the City of Fredericton, says because the vacancy rate is so low less than two per cent there s little need for developers to include affordable housing in new builds.