Partnering with Housing Providers

  1. Housing / Developer Incentives
  2. Success Stories
  3. Current Partnership Projects
  4. Learning Documents

The Affordable Housing Reserve Fund (AHRF) was established in January of 2009. The Council adopted policy is an important tool for contributing towards potential affordable housing solutions across the housing continuum. Based on a continuation of the current density bonus system, the AHRF could grow to reach $20 to 25 million over the next 30 to 35 years (depending on development activity). Evaluation of the AHRF will occur every two years through a Housing Affordability updated report to Council and a time-and-value trigger (every three years or $7 million positive balance).