GUELPH, ONT. — The City of Guelph will receive $21.4 million from the Housing Accelerator Fund (HAF) to help the city incentivize the creation of 739 new housing units above the average over the next three years.
The fund is a $4 billion federal initiative intended to fast track the creation of new homes and increase housing supply.
The city will undertake eight initiatives as part of its HAF action plan that will help to enable more housing in the community.
Examples of these initiatives include:
- A new Housing Affordability Strategy to identify actions, advocacy and partnership approaches to close housing supply gaps;
- implementing new and enhanced systems and processes to better support and streamline development and construction, including designing a new Community Planning Permit System; and
- examining the potential of increasing the number of allowable units on each lot to encourage more diverse housing options that support missing middle housing in existing neighbourhoods (e.g., fourplexes, multiplexes, detached secondary suites).
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