Saugeen Shores council is being encouraged to keep development charges in place.
That recommendation was put forth by development services supervisor Jay Pausner during the July 12 committee of the whole session.
Pausner’s department had been entrusted with investigating waiving development charges, with the end goal of drawing more affordable housing-focused developers to the region, but research shows that is not necessary and will only hurt the town’s bottom line to the tune of about $1.3 million over five years.
“There is no evidence to indicate housing construction will be negatively affected with increased development charges,” he said.
Instead, Pausner put forth recommendations designed to encourage potential developers in return for commitments like offering 20 per cent of units as accessible, or 20 per cent have three bedrooms or more or are built near planned transportation routes.
A dedicated housing reserve fund is also on the table.
Calling it a “great incentive,” Mayor Luke Charbonneau noted it will allow developers to recoup some of their investment in return for a commitment to affordable housing options.