Posted Aug 31, 2023, 4:24 PM
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It's Hammer Time
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Join Date: Mar 2004
Location: Hamilton
Posts: 20,304
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The city should phase out the tax increment grant for the downtown area over the next five years. Instead, the tax increment grant should go to places like Barton Street BIA, Concession Street BIA, etc.
The residential downtown loan program was literally a program where the city would give developers funds to build condos/rentals. That program ended, as it's not needed anymore. However, I would like to see this loan program return to places like the Barton Street BIA.
We complain a lot about the lack of housing, yet we probably have hundreds of abandoned units along Barton Street.
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