City of Barrie Affordable Housing Strategy Presented by: Mayor Jeff Lehman June 12, 2014 We Have a Housing Crisis Affordable Housing in Barrie • County of Simcoe owns 307 units in Barrie for families and seniors • There are an additional 1558 units provided combined between Barrie Municipal NonProfit Housing and other non-profit and co-op providers Barrie’s Housing Crisis • In 2012, the rental vacancy rate in Barrie was 2.7%. It was 0% for three bedroom units, which are important for families. • Average rents are just under $1000 • County had waitlist in Barrie of 1,501 households in 2012 increasing from 1350 in 2011. One-third of the County’s waitlist are from Barrie. • Average wait for rent-geared-to-income housing ranged from 2.3 to 4.2 years Cost of Ownership • Average prices of resale units was $334,000 in Sept. 2013. • Average new house price was $460,858 in Sept 2013 (CMHC). • Barrie&District Realtors April report: – “Overall supply remains below levels seen in most of the past decade. Active residential listings on the Association’s MLS® System numbered 1,396 units at the end of April 2014, down 14 per cent from year-ago levels and the lowest April in more than a decade.” • Based on PPS and City’s Official Plan definition of “affordable”, 10% of new dwellings and 22% of resale dwellings would be affordable at the 60th percentile income level ($82,600 gross family income). Approximately 29,000 households in the City are below this affordability level. Rental Housing • CMHC forecast vacancy rate of 2.3 % for 2013. • 5% is considered “healthy” housing rental market • An average monthly rent for 2 bedroom unit was $1,037 for 2013 • 6th highest rent in Canada • City has no Demolition Control or Rental Conversion By-laws to control rental housing loss Student Housing • Estimated 2,650 Georgian students that cannot be accommodated in dedicated student housing • CMHC indicates that this significantly affects the rental housing supply in Barrie • Anticipate new proposed purpose built student housing will assist in lessening rental demands What is Barrie Doing? • Affordable housing has been identified by Council as a strategic corporate priority for 2014. Investing More in Expanding Housing • This year, the City will contribute $1.8 million more toward Simcoe County’s social housing than last year. This money will help fund the construction of a new seniors-oriented affordable housing project on Brooks Street— providing 54 new units for seniors living on low income. Supportive Tax Changes • Barrie is equalizing its tax ratios so multiresidential properties pay the same tax rate as single residential – Generally multi-res properties are rental apartments; condos are “single residential” rather than multi, so a higher tax rate for multi generally increases rents and subsidizes owners • We are one of only four municipalities in Ontario (Seguin, Barrie, Muskoka, York) that have a multires to single-res ratio of 1.0. – Average ratio is 2.0 More Supportive Planning Polices • To support the construction of more townhouse and apartment units, the City has designated areas of the City for higher densities. • To date, many of these projects have been high-end condos. However, we are now starting to see a broader mix and a range of target prices. The increased supply can only help keep rents reasonable. Supporting the Pathways Project • In 2011, Council approved a motion to support the concept of a new social services hub. This has taken shape in the form of the proposed “Pathways” project. • Alliance of non-profits, charities and social services agencies, dedicated to co-ordinating efforts in support of reducing homelessness. Proposed Strategies • Policies to allow second suites • Policies to control conversion from rental to condominium tenure • Policy allowing municipal purchase and sale of land for affordable housing • Policy referencing affordable housing in Community Improvement Areas • Policy allows Temporary Use for garden suites for 20 yr Next Steps • Support non-profit housing providers through provision of land or other means of support • Communicate with existing non-profit providers to determine how the City can support their existing housing initiatives • Encourage the Federal Government to extend existing programs or introduce new programs for Year 2015 and beyond We Need More Support • Local government cannot solve this problem alone. • We need a major effort by all three levels of government. • Barrie and Simcoe County need the Provincial and Federal Governments to commit to a shared effort to address our housing problem Thank You Stay up-to-date at barrie.ca/affordablehousing
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