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Every developer has opted to pay Montreal instead of building affordable housing, under new bylaw (www.cbc.ca)
submitted 2 years ago by to c/canada@lemmy.ca
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Two years after Valérie Plante's administration said a new housing bylaw would lead to the construction of 600 new social housing units per year, the city hasn't seen a single one.

The Bylaw for a Diverse Metropolis forces developers to include social, family and, in some places, affordable housing units to any new projects larger than 4,843 square feet.

If they don't, they must pay a fine or hand over land, buildings or individual units for the city to turn into affordable or social housing.

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[–] 0 points 2 years ago* (last edited 2 years ago)

It’s split between multiple developers and you wouldn’t get 600 units out of that total

It’s especially not worth it for them when you are wasting hours in the day working on that versus working on homes you can sell for over a million

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