Loading...
HomeMy WebLinkAboutCSD-18-049 - Development Charges Rebate ProgramCouncil REPORT TO: DATE OF MEETING: February 26, 2018 SUBMITTED BY: Alain Pinard, Director of Planning, 519-741-2200 ext. 7319 PREPARED BY: Alain Pinard, Director of Planning, 519-741-2200 ext. 7319 WARD(S) INVOLVED: City Wide DATE OF REPORT: February 21, 2018 REPORT NO.: CSD-18-049 SUBJECT: Development Charges Rebate Program ______________________________________________________________________ RECOMMENDATION: That the City of Kitchener participate in the Development Charges Rebate Program offered through the Province of Ontario’s Fair Housing Plan (2017); and That the City of Kitchener designate the Housing Service Manager at the Region of Waterloo as program administrator for the City of Kitchener; and further That the City of Kitchener authorizethe Housing Service Manager at the Region of Waterloo to submit an expression of Interest to the Ministry of Housing on behalf of the City of Kitchener. BACKGROUND: On December 20, 2017 the Province of Ontario invited several municipalities to submit Expressions of Interest to participate in the Development Charges Rebate Program. This is a new program and the purpose is to increase the supply of purpose-built market rental housing. Under the program, eligible market rental housing development would receive a rebate of development charges collected by municipalities. The program would be administered by municipalities. Kitchener is one of 84 eligible municipalities. The list of candidate municipalities would appear to include all or most of the municipalities in the Greater Golden Horseshoe and several others. The timelines are very tight. Municipalities intending to submit an Expression of Interest (EOI) were required to submit a preliminary submission by February 16, 2018, and completed submissions must be received by 1:00 pm on March 2, 2018.Submission requirements are quite demanding, require key strategic decisions and the pool of funding is limited relative to the anticipated demand.The purpose of this report is to authorize participation in the program. *** This information is available in accessible formats upon request. *** Please call 519-741-2345 or TTY 1-866-969-9994 for assistance. 8 - 1 REPORT: Program Overview Key program details that Council should be aware of are summarized as follows: •The program has a one-stage selection process. •Up to $125 million over five years is available to municipalities, starting with $25 million in 2018-2019 •Funding is not guaranteed to all municipalities who make a submission •Notional allocations will be announced in spring 2018 •Housing Service Managers (in our case the Region of Waterloo) can administer the program on behalf of a municipality •Rebates can apply to all eligible development charges, including those of the Region and the school board •Program administration would include numerous activities that include entering into a Transfer Payment Agreement (TPA) with the Ministry of Housing, entering into agreements with participating developers, and flowing funds to eligible recipients. It is further noted that EOI submissions are required to include a lot on information regarding local housing market conditions, supportive planning and housing policies and how the program would be administered. Municipalities making submissions are also required to demonstrate that they have the capacity to administer the program and that they have measures in place to ensure that funded units do not get converted to ownership housing or get rented above theagreed upon rates for a minimum of 20 years. This would appear to be an important consideration in the evaluation of submissions. The program does allow for some variation as to how the program is to be delivered by the different municipalities. EOI submissions need to specify how a municipality proposes to operate the program within the parameters set out by the Province. Decisions on many variables need to be decided including the following: •If the Region should administer the Program on our behalf •Should Kitchener set a maximum threshold that is lower than maximum allowable Average Market Rate (AMR) of 175%? •Whether Kitchener is proposing full or partial rebates •Whether the program should apply city wide or only in specific geographic areas. Action Taken to Date and Next Steps In order to take advantage of this program is was necessary to initiate the process in advance of this report. A preliminary submission was filed prior to the February 16 deadline in order to maintain eligibility. Given the substantial administrative requirements and the burden to demonstrate “capacity” as part of EOI submissions, staff concluded that municipalities need to have dedicated staff in order for this program to be feasible. Assistance from the Region of Waterloo Housing Services was sought and the Region has since agreed to administer 8 - 2 the program on Kitchener’s behalf. The other participating area municipalities in this Region reached the same conclusion and are taking the same approach. Should Council agree to participate in the program, Planning staff would continue to work with Regional staff to finalize the submission. A resolution from Kitchener City Council to authorize participation in the program and to designate the Region of Waterloo to administer the program on the City’s behalf is required as part of the submission that is due March 2, 2018. A similar resolution is not required from Regional Council; however Regional staff will be asking Regional Council to authorize the work. Although staff are still collecting and analyzing information in order to finalize the submission, it is proposed that Kitchener’s program operate as follows: The Housing Service Manager at the Region of Waterloo would administer the program on Kitchener’s behalf; and The program would establish a threshold Average Market Rate (AMR) maximum of 125% ; and The program would provide full development charges rebates (100% of City, Region and educational development charges); and The program would apply city wide. ALIGNMENT WITH CITY OF KITCHENER STRATEGIC PLAN: This initiative supports several community priorities, especially priority 3.4 of Kitchener’s Strategic Plan which is excerpted below: Facilitate and promote housing developments that provide options for a diversity of lifestyles and household types. FINANCIAL IMPLICATIONS: There are no capital costs and no new operating costs associated with this initiative as presented. The City of Kitchener would have incurred new operating expenses if it had decided to administer the program. COMMUNITY ENGAGEMENT: INFORM – This report has been posted to the City’s website with the agenda in advance of the Council meeting. CONSULT – Staff from the Ministry of Housing, the Region of Waterloo and four other area municipalities were consulted in order to develop a better understanding of the program and to compare approaches. COLLABORATE – City staff have collaborated with Region of Waterloo staff to prepare Kitchener’s initial submission. Should Council agree to participate in the program, this collaborative effort would continue. 8 - 3 ENTRUST – Region of Waterloo staff have been entrusted to file a submission on Kitchener’s behalf. CONCLUSION: Although the submission requirements are very demanding, this program offers the opportunity to increase the amount of rental housing in the City of Kitchener which supports the objective of providing a full range of housing options. The City of Kitchener would collaborate with the Region of Waterloo who would administer the program on the City’s behalf. This is an efficient use of public resources as the Region is equipped to administer such a program in a way that is much more cost effective than if done by an individual area municipality. ACKNOWLEDGED BY: Michael May, Deputy CAO (Community Services) 8 - 4