The City of Vancouver reviewed the annual report on Community Amenity Allocations and Density Bonusing for 2013 on January 21, 2015. The Eye on Norquay blog features the presentations to Council from two residents who both raised a number of significant issues with the way that CACs have been used in Kensington Cedar-Cottage and Renfrew-Collingwood.
The previous CAC reports for 2011 and 2012 are also available on the City’s website.
2013 Annual Report on Community Amenity Contributions and Density Bonusing
Standing Committee of Council on Planning, Transportation and Environment
21 January 2015 ? Agenda Item No. 4
We have before us a comprehensive report on the CACs that were collected by the City of Vancouver in 2013. Iwould like to talk a little about CACs that were NOT collected.
The City of Vancouver advertises waiver of DCL fees as one of the incentives for developers to build secured market rental housing. What is less well known is that the City will probably not be collecting CACs on these developments either. In Norquay, we have just become aware that even projects located in zones that were assigned fixed rate CACs will very likely not be paying them if the developer is building secured market rental housing.
This would be more acceptable if the 886 units of secured market rental housing…
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