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Wednesday, May 15, 2019

Saugeen Shores Council Adopts Affordable Development Incentives

Saugeen Shores | by John Divinski  

The program would also encourage hotel construction

Saugeen Shores has put out the offer.

Council, on May 13th, approved adopting the 2019 Economic Development Incentives Program and has put in $250,000 in unspent development charges money to fund the program.

Mayor Luke Charbonneau says "It's another tool in the tool chest to attract the kind of development we know we need. First and foremost, affordable housing."

In addition, the program would also encourage hotel construction which results in a net increase of 50-rooms; manufacturing developments and office or warehousing for nuclear support services.

Director of Infrastructure and Development Services Amanda Froese, who presented the report agrees with the mayor.

She says the program could address the labour shortages in the service industry by creating more affordable space to live in.

Charbonneau says about 250 seniors and families with young children in the community right now cannot find affordable housing and he says, the last time he checked, that list was growing.

The mayor says the incentives could be in the form of development charges relief, tax relief or relief of other fees and charges.  

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