Approving the Housing Needs Assessment and City of Peterborough Housing Review as outlined in Report CSSS24-006
General Committee makes recommendations; City Council makes the final decision.
Council approved this on May 21, 2024 as part of its consent agenda, without a separate vote. See the consent vote →
Councillor Votes
Full Resolution Text
That Council approve the recommendations outlined in Report CSSS24-006, dated May 13, 2024 of the Commissioner of Community Services as follows: a) That the Housing Needs Assessment, included as Appendix A, the City of Peterborough Housing Review Final Report, included as Appendix B, and the presentation by Tim Welch, from Tim Welch Consulting Inc. (TWC Inc.) be received for information; b) That staff be directed to implement key strategic priorities and recommendations presented by TWC Inc. for the City of Peterborough as Service Manager in order to maximize funding and provide the most value in achieving legislated housing targets; c) That staff return to Council in fall 2024 to present the Community Housing Strategic Framework for the End of Mortgage (EOM) and End of Operating Agreements (EOA) and proposed funding formula; and d) That the Commissioner of Community Services be authorized and directed to enter service and exit agreements with housing providers for projects under Housing Services Act, S.O. 2011, c. 6, Sched. 1, that reach End of Operating Agreement or End of Mortgage in order to provide ongoing affordability for tenants and long-term sustainability for the project, in a form satisfactory to the City Solicitor.