flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

Canada tries massive incentive program to spur new multifamily housing construction

MFPRO+ News

Canada tries massive incentive program to spur new multifamily housing construction

Provinces must ditch single-family zoning in return for infrastructure funds


By Peter Fabris, Contributing Editor | August 1, 2024
Image by Peggy und Marco Lachmann-Anke from Pixabay

Image by Peggy und Marco Lachmann-Anke from Pixabay

Canada has taken the unprecedented step of offering billions in infrastructure funds to communities in return for eliminating single-family housing zoning.

The country’s latest budget includes 6 billion Canadian dollars to accelerate new construction. Some 5 billion Canadian dollars of that is set aside as conditional infrastructure funds.

To acquire the funds, the nation’s 10 provinces and three territories must require municipalities to eliminate single-family zoning and allow fourplexes. They also must adopt updates to Canada’s advisory building code and enforce renter and home-buyer protections. The policy has climate benefits as well as encouraging construction of badly needed housing, as fourplexes are more energy efficient than single-family residences.

If Canada’s new policy is successful, it might prompt similar policies in the U.S., as both countries delegate zoning policy to municipalities.

Related Stories

Self-Storage Facilities | Dec 16, 2022

Self-storage development booms in high multifamily construction areas

A 2022 RentCafe analysis finds that self-storage units swelled in conjunction with metros’ growth in apartment complexes.

Multifamily Housing | Jun 30, 2021

A post-pandemic ‘new normal’ for apartment buildings

Grimm + Parker’s vision foresees buildings with rentable offices and refrigerated package storage.

boombox1
boombox2
native1

More In Category

Student Housing

The University of Michigan addresses a decades-long student housing shortage with a new housing-dining facility

The University of Michigan has faced a decades-long shortage of on-campus student housing. In a couple of years, the situation should significantly improve with the addition of a new residential community on Central Campus in Ann Arbor, Mich. The University of Michigan has engaged American Campus Communities in a public-private partnership to lead the development of the environmentally sustainable living-learning student community.




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021