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Simcoe County set to issue RFP to spur development of rental units

Posted February 7, 2018

Simcoe County is preparing to issue requests for proposals regarding construction of rental units in smaller communities that would qualify for affordable housing program funding consisting of $800,000 over the next two years.

The program funded by the provincial government and administered by the County, includes $400,000 available from April 1, 2018, for projects to start construction by April 2019, and $400,000 from April 1, 2019, for projects to start construction by April 2020.

"In order to efficiently utilize the RFP process and potentially invite more innovative submissions, it is recommended that the RFP be released in spring 2018 to solicit projects for both years," according to report to County councillors on next Tuesday's agenda.

In this case, "smaller rural development areas are deemed to be communities that contain at least one of the elements of a complete community, e.g. grocery stores, health services, public
transportation, schools, banking and have municipal water and/or sewer services available. Places such as, but not limited to, Coldwater, Cookstown, Creemore, Thornton, Tottenham, Victoria Harbour, and West Shore would be considered in this category."

Eligibility for the rural rental development funds, will be limited to lower density projects, defined as no more than 20 units. Subsidies can include development charges rebates and if required, property tax grants.

"Projects may be located on lands donated by a municipality, and weight will be given in the evaluation criteria to contributions from other sources, such as municipal lands, but in order to solicit a wider response to the RFP, it is recommended that eligible projects can be located on municipal, public or private lands."

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All stories, unless otherwise noted,
by Tony Veltri