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

MFPRO+ News | Apr 12, 2024

Greystar becomes top apartment owner, manager, and developer in 2024

One firm set records for this year’s National Multifamily Housing Council Top 50 roundup of multifamily firms. Greystar now sits at number one in the NMHC’s lists for top apartment owner, manager, and developer in 2024.

Student Housing | Apr 12, 2024

Construction begins on Auburn University’s new first-year residence hall

The new first-year residence hall along Auburn University's Haley Concourse.

MFPRO+ News | Apr 10, 2024

5 key design trends shaping tomorrow’s rental apartments

The multifamily landscape is ever-evolving as changing demographics, health concerns, and work patterns shape what tenants are looking for in their next home.

Architects | Apr 2, 2024

AE Works announces strategic acquisition of WTW Architects

AE Works, an award-winning building design and consulting firm is excited to announce that WTW Architects, a national leader in higher education design, has joined the firm.

Affordable Housing | Apr 1, 2024

Biden Administration considers ways to influence local housing regulations

The Biden Administration is considering how to spur more affordable housing construction with strategies to influence reform of local housing regulations.

Affordable Housing | Apr 1, 2024

Chicago voters nix ‘mansion tax’ to fund efforts to reduce homelessness

Chicago voters in March rejected a proposed “mansion tax” that would have funded efforts to reduce homelessness in the city.

Standards | Apr 1, 2024

New technical bulletin covers window opening control devices

A new technical bulletin clarifies the definition of a window opening control device (WOCD) to promote greater understanding of the role of WOCDs and provide an understanding of a WOCD’s function.

Adaptive Reuse | Mar 30, 2024

Hotel vs. office: Different challenges in commercial to residential conversions

In the midst of a national housing shortage, developers are examining the viability of commercial to residential conversions as a solution to both problems.

Student Housing | Mar 27, 2024

March student housing preleasing in line with last year

Preleasing is still increasing at a historically fast pace, surpassing 61% in February 2024 and marking a 4.5% increase year-over-year.

Adaptive Reuse | Mar 26, 2024

Adaptive Reuse Scorecard released to help developers assess project viability

Lamar Johnson Collaborative announced the debut of the firm’s Adaptive Reuse Scorecard, a proprietary methodology to quickly analyze the viability of converting buildings to other uses.

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