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LONDON
LONDON
Housing Initiative in London, Ontario
the proposed housing initiative in London, Ontario, emphasizing federal funding and key objectives.
Proposal Details and Amendments
Official Plan and Zoning Amendments
Proposed amendments to Official Plan Policy 942 and Zoning By-law Section 4.37.2.
Allowing a maximum of three additional residential units with a potential for up to four.
Council’s directive to support housing supply and affordability.
Funding Announcement by Prime Minister Trudeau
Federal Funding for London Housing
Announcement of the “Federal Housing Accelerator Fund” by Prime Minister Trudeau.
Allocation of $74 million to London for over 2,000 housing units in the next three years.
Future plans to increase housing units to address the ongoing housing crisis.
Impact and Future Plans
Impact and Future Plans
Expected impact on housing construction, especially in low-density communities.
Streamlined development on city-owned lands and collaboration with non-profit organizations.
Emphasis on high-density development around public transit and partnerships for affordable housing.