These properties are designated for residential development, particularly to address housing needs such as affordable housing, mixed-income developments, or other community housing priorities. Land disposal for housing will require a minimum of 20% of total proposed units be maintained at an acceptable affordability level (to be determined by the Municipality), for a minimum of 20 years commitment.
Applicable Sale Method(s):
- Direct Sale – to a specific housing provider or developer, subject to Council approval.
- Request for Proposal – especially when working with non-profits or developers focused on affordable housing.
*Developers and Non-profits must have been incorporated for a minimum of one year and demonstrate both project readiness and financial sustainability. Additional evaluation criteria include the anticipated benefit to the community and the developer’s capacity to successfully implement the proposed development. CAO or designate will determine through the Request for Proposal process the required documentation to demonstrate eligibility.
