BURLINGTON, ONT. — The City of Burlington has announced it has reached an agreement to fast-track more than 600 housing units over the next three years with $21 million in funding from the federal Housing Accelerator Fund.
The program will help spur the construction of more than 5,000 homes over the next decade, stated a release. Burlington’s Action Plan commits to seven local initiatives that support greater density, such as permitting four units as-of-right to encourage the creation of additional housing units on existing residential lots and creating incentives to build affordable rental housing.
Through its Action Plan, Burlington will also create the Housing Connections Centre, a program intended to bring together partners to spur homebuilding. It will also improve planning and building approvals processes, help create partnerships to focus on public land development, and address municipal infrastructure needs.
Other features of the plan include creating major transit station areas; implementing a community planning permit system, a land use planning tool to establish as-of-right zoning and site plan permissions that promote intensification in key areas and create a more efficient development approval process (45 days) in order to create more housing more quickly; support the creation of additional residential units; and consider opportunities to allow for greater density on existing residential lots as-of-right.
The accelerator fund provides upfront funding to municipalities that have created new housing plans as well as additional funds upon proof of success.
“This is a huge investment in building more homes, and especially more affordable homes, for our growing city,” stated Burlington Mayor Marianne Meed Ward in a statement.
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