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REPORT TO:Planning & Strategic Initiatives Committee <br />DATE OF MEETING:September 28, 2020 <br />SUBMITTED BY:Justin Readman,General Managerof Development Services 519- <br />741-2200 ext. 7646 <br />PREPARED BY:Tim Donegani, Senior Planner 519-741-2200 ext. 7067 <br />WARD(S) INVOLVED:3, 9, 10 <br />DATE OF REPORT:September 14,2020 <br />REPORT NO.:DSD-20-150 <br />SUBJECT:Inclusionary Zoningfor Affordable Housing: Background and <br />Fiscal Impact Analysis <br />RECOMMENDATION: <br />THATCouncil Report DSD-20-150(Inclusionary Zoning for Affordable Housing: <br />Background and Fiscal Impact Analysis)be received. <br />BACKGROUND: <br />TheHousing Needs Assessment prepared as part of Phase 2 of the Affordable Housing <br />Strategydemonstratedunserved needs for affordable housing across the housing continuum for low, <br />moderate and middle incomehouseholds. Municipalities have a range of planning and financial tools <br />to supportand enablethe creation of affordable housing. Inclusionary Zoning (IZ) is a new tool that <br />allows municipalities to require residential developments to include affordable housing units.When <br />used alongside federal, provincial, regional and local initiatives, IZcanbe effective inincreasingthe <br />supply of affordable housing.Inclusionary zoning is one of the actions included in the draft Affordable <br />Housing Strategy that was received by Council in August. <br />The provincial requirements for developing and adopting an IZprogram are summarized in Appendix <br />A.IZ can only apply to multi-residential developments with 10 or more unitswithin Major Transit Station <br />Areas (generally within 500-800 metres of ION stops).Prior to approving an inclusionary zoning by- <br />law, municipalities must first prepare a housing assessment report to understandlocal demographics <br />andhousing supply and demand.Kitchenerhas largely addressed this requirement through the <br />completion ofits Housing Needs Assessmentpresented to Council in January 2020.Municipalities <br />must alsoconduct a financial impact study to evaluate the viability of development under an <br />inclusionary zoning framework. The City, in partnership with City of Waterloo, City of Cambridge and <br />Regionof Waterloocontracted consulting firm N. Barry Lyon Consultants Limited to carry out a <br />financial impact studyincluded asAppendix B.This work isbeing undertaken through the Kitchener- <br />Waterloo Joint Services Initiative. Staffatall four municipalities continue tocollaborate on data <br />sharing, analysis, stakeholder engagement,policy developmentand action planning towards common <br />affordable housing objectives. <br />*** This information is available in accessible formats upon request. *** <br />Please call 519-741-2345 or TTY 1-866-969-9994 for assistance. <br />2 - 1 <br />