Quote:
Originally Posted by whatnext
Can you spell developer bailout?
I am also curious how you spend $3.2 billion to cut fees.  |
Well, if you're either finding it hard to understand the article, or it's just really badly written and doesn't explain what's proposed,
the Prime Minister's office spells it out.
(It's not just fees, and it's a 10 year program). The Feds are proposing to spend "Nearly $1.6 billion over 10 years – matched by British Columbia for a total of up to $3.2 billion – to lower development charges for multi-unit housing by up to 50% in priority communities, saving up to $40,000 per unit, and expand housing-enabling infrastructure such as water systems, wastewater systems, and local roads."
Threaded Mode