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August 03, 2022

Southgate leads initiative to form an Affordable Housing Development and Mortgage Corporation for Southern Grey County

South Grey Housing Development Corporation Proposal

BY SOUTHGREY.CA STAFF — Southgate CAO Dave Milliner is leading an initiative to form an Affordable Housing Development and Mortgage Corporation for Southern Grey County.

After Southgate Council first established an Affordable Attainable Housing Advisory Committee (SAAHAC) in 2021, the committee created a plan to be brought before other municipalities in an effort to find economies of scale and a shared focus.

The proposed corporation would work with developers of privately owned properties, as well as municipally owned surplus lands for the purpose of creating low-cost housing in the region.

It is hoped that by reducing or even waiving development charges and making improvements to planning policies and zoning bylaws, a program could be developed in which selected local individuals are assisted with the purchase of an affordable home. Milliner explained that the corporation would take a ‘Housing First’ approach to unconditionally meet a person’s most basic needs for housing.

Within the next four years, the corporation would seek funding and community partnerships, identify projects and work with each community local affordable housing committees.

On August 3, Milliner presented the affordable housing initiative to Grey Highlands Council with a view to open further discussions on the proposed corporation. Presentations to Hanover and West Grey municipalities will also be delivered.

Grey Highlands Council received the presentation favourably and CAO Karen Govan vowed to work with Milliner and discuss next steps.

 


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