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HomeMy WebLinkAboutPLN 02-25 Report to Council Report Number: PLN 02-25 Date: January 27, 2025 From: Kyle Bentley Director, City Development & CBO Subject: City of Pickering Annual Housing Monitoring Report - File: D-1300-016 Recommendation: 1. That Report PLN 02-25, regarding the City of Pickering Annual Housing Monitoring Report, be received for information. Executive Summary: The purpose of this report is twofold: to provide an update to Council on the steps staff have undertaken to implement the Action Items of the Pickering Housing Strategy & Action Plan (see Appendix I to Report PLN 02-25); and to report back on tracking affordable and rental housing, including existing, approved, and/or pending private rental buildings, in accordance with Resolution #956/22. Relationship to the Pickering Strategic Plan: The recommendations in this report respond to the Pickering Strategic Plan Priorities of Advocate for an Inclusive, Welcoming, Safe & Healthy Community; Advance Innovation & Responsible Planning to Support a Connected, Well-Serviced Community; and Foster an Engaged & Informed Community. Financial Implications: The recommendations of this report do not present any financial implications to the City. Discussion: The purpose of this report is twofold: to provide an update to Council on the steps staff have undertaken to implement the Action Items of the Pickering Housing Strategy & Action Plan; and to report back on tracking affordable and rental housing. 1. Background The Pickering Housing Strategy & Action Plan, 2021-2031, (the “Housing Strategy”) was approved on January 24, 2022 by Resolution #790/22. One of the items in the Action Plan was the preparation of an annual monitoring report to describe how well the City is meeting its housing needs. Subsequently, on June 30, 2022, Council passed Resolution #956/22, requesting staff’s reporting in accordance with Action Item 3.7 to also include tracking affordable and rental housing, including existing, approved, and/or pending private rental buildings. PLN 02-25 January 27, 2025 Subject: City of Pickering Annual Housing Monitoring Report Page 2 The first annual housing monitoring report was submitted to Council in June 2023 and contained statistics regarding affordable and rental housing to the end of December 2022. This is the second annual report, containing statistics on affordable and rental housing and other relevant metrics monitored to the end of December 2023. 2. Housing Strategy Action Item Monitoring Since the Pickering Housing Strategy & Action Plan was approved in 2022, staff have completed four Action Items and have initiated work on 16 Action Items. Appendix I to this report provides an update on the status of the Action Items to the end of 2024. Highlights of actions taken include the following: 2.1 Additional Dwelling Unit By-laws Approved (Action Item 1.8) On September 30, 2023, Council adopted City initiated Official Plan Amendment 49, and approved new zoning regulations for additional dwelling units (ADUs). These Council decisions brought Pickering’s Official Plan and zoning by-laws into conformity with changes made to the Planning Act through Bill 23. Through this approval, properties containing detached dwellings, semi-detached dwellings, block townhouses, or street townhouses are permitted to contain a maximum of two ADUs. Qualifying properties are permitted to have either one ADU in the main residence; two ADUs in the main residence; one ADU in a separate building located in the backyard or side yard; or one ADU in the main residence and one ADU in a separate building located in the backyard or side yard. 2.2 Senior Planner, Housing (Action Item 3.8) The approved 2023 budget identified the creation of an Office of Affordability, and a Senior Planner, Housing staff position, within the City Development Department. The position was subsequently filled in May of 2024. 2.3 Action Items Addressed through Pickering Official Plan Review (Action Items 1.1, 1.2, 1.3, 1.4, 1.5, 1.6, 1.7, 1.9, 1.12, and 3.1) City Development staff recently began a multi-year process of reviewing the Pickering Official Plan. This project, known as “Pickering Forward”, will help shape the growth of Pickering to 2051. One of the key components of Pickering Forward is housing and housing affordability. The Official Plan Review will include a review of the Action Items (listed above) in the Housing Strategy, and the implementation of the Action Items through the creation of new or revised policies to help address housing options, affordability, and accessibility within Pickering. PLN 02-25 January 27, 2025 Subject: City of Pickering Annual Housing Monitoring Report Page 3 3. Tracking Affordable and Rental Housing The private rental market consists of the primary rental market (often referred to as purpose-built rental buildings), and the secondary rental market (units not purposely built for the rental market, but currently being rented out). It is generally acknowledged that the condominium apartment market has acted largely as the rental accommodation supplier for many years within the Greater Toronto Area. The Canada Mortgage and Housing Corporation (CMHC) conducts an annual Rental Market Survey. The survey collects data to confirm the number of units in primary rental buildings (containing at least three rental units), which have been on the market for at least three months. The following chart reflects the number of primary rental units CMHC has identified for Pickering in 2023, consisting of townhouses and apartments totaling 335 units. 325 3 6 1 0 50 100 150 200 250 300 350 400 3+ Bedrooms 2 Bedroom 1 Bedroom Bachelor Studios Pickering's Primary Rental Market Units By Size Source: CMHC Rental Market Survey, 2023. The following table displays the average primary rent by unit type for the Pickering/Ajax/Uxbridge area. Year 1 Bedroom 2 Bedrooms 3 Bedrooms 2018 $ 953 $1,248 $1,397 2019 $ 982 $1,237 $1,489 2020 $1,198 $1,362 $1,506 2021 $ 965 $1,302 $1,563 2022 $1,193 $1,533 $1,608 2023 $1,400 $1,805 $2,006 Source: CMHC Rental Market Survey, 2023. PLN 02-25 January 27, 2025 Subject: City of Pickering Annual Housing Monitoring Report Page 4 3.1 Vacancy Rates for Rental Units According to CMHC, a vacancy rate of 3.0% is identified as a healthy vacancy rate, representing a balance between rental housing supply and demand. Vacancy rates are based upon CMHC’s Annual Rental Market Survey. A unit is considered vacant if it is physically unoccupied and available for immediate rental at the time of the survey. CMHC reports the consolidated vacancy rate for Pickering, Ajax, and Uxbridge (Zone 28) under the Toronto Census Metropolitan Area (CMA). In 2023, the total apartment vacancy rate (including all bedroom types) for Zone 28 was 0.9%. This rate has continued to decrease since 2016. Pickering’s overall vacancy rate can be better captured by looking at the vacancy rate of three-bedroom apartments, as they account for 97% of Pickering primary rental units. As of 2021, the average vacancy rate of three-bedroom apartments was 0.5%. The overall low apartment vacancies suggest that there is a need for purpose built rental units in Pickering. 3.2 Additional Dwelling Units (ADUs) The chart below illustrates the number of ADUs approved in Pickering from 2005 to 2023. The total number of ADUs in Pickering by the end of 2023 amounts to 921 units. These units may, in part, be contributing towards Pickering’s affordable rental housing stock, depending on how the units are being used by homeowners. Source: City of Pickering, AMANDA Database, 2023. 4. Residential Building Permit Activity In 2023, staff received 1,969 building permit applications, which proposed the construction of 2,906 residential units. Permits for construction were issued for a total of 2,511 residential units, comprising 1,028 apartments, 829 single and semi-detached dwellings, and 654 townhouses. PLN 02-25 January 27, 2025 Subject: City of Pickering Annual Housing Monitoring Report Page 5 The chart below illustrates the percentage of units by dwelling type for which building permits were issued in 2023 in comparison to previous years. Source: City of Pickering, AMANDA Database, 2023 The data above indicates that building permits for apartments surged in comparison to townhouses, and single & semi-detached dwelling units. Additionally, there was a decline in building permits granted for single and semi-detached dwellings, which dropped by 13% from 2022 to 2023. During this period, the most significant decrease among all housing types was townhouse building permits, which experienced a 28% decrease from 2022 to 2023. The increase in apartment units has contributed to Pickering exceeding the Provincial housing target in 2023. The chart below illustrates the percentage of units, by dwelling type in the City, which were approved through registered subdivisions or condominiums in 2023. Source: City of Pickering, AMANDA Database, 2023 PLN 02-25 January 27, 2025 Subject: City of Pickering Annual Housing Monitoring Report Page 6 As shown above, in 2023, the share of registered subdivision or condominium units were in the form of either townhouse, semi-detached, or single detached dwellings units. 5. Existing developments with affordable units 5.1 Trillium Housing One of the condominium developments registered in 2023 included an affordable housing development, consisting of 216 stacked townhouse units of which 38 of the units have been sold to purchasers who qualify for a no-payment Trillium Mortgage, which creates deeper affordability. The development is located at the southeast corner of William Jackson Drive and Earl Grey Avenue, opposite Rex Heath Drive, within the Duffin Heights Neighbourhood. All building permits were issued for this development, construction is substantially complete, and the City has granted occupancy for all of the units. 6. Approved developments with affordable units 6.1 Tribute Lands at the northwest corner of Highway 401 and Liverpool Road This development is under construction. It consists of three towers with a total of 1,779 total residential units, on a mixed-use podium of 1,155 square metres of commercial/retail. The developer has partnered with Habitat for Humanity GTA, to sell 27 (two and three-bedroom) affordable residential units to low-income families. As of the end of 2023, site grading had commenced. Occupancies are anticipated in the first two towers within the next five years. 6.2 1786 Liverpool Road (currently the site of Makimono Restaurant) This site is zoned to permit the development of a 48-storey residential condominium apartment building, containing 594 residential units, and 190 square metres of commercial space at grade. The proposed development is going through the site plan approval process. To address affordability, 10 affordable rental units are proposed, inclusive of two 1-bedroom suites, five 1-bedroom plus den suites, two 2-bedroom suites, and one 3-bedroom suite. Through a proposed agreement with the condominium corporation, the owner intends to retain ownership of the affordable rental units. The monthly rent is planned at 80% of the average of the five most recent market rental transactions for units with the same number of bedrooms. The affordable units are proposed to be available for a maximum 10-year period. Redevelopment of the site has not commenced. PLN 02-25 January 27, 2025 Subject: City of Pickering Annual Housing Monitoring Report Page 7 7. Development Applications with proposed affordable units 7.1 1066 Dunbarton Road (Dunbarton Fairport United Church) The applicant is proposing 33 stacked townhouse dwelling units and eight townhouses. Dwelling units will be contained within four separate building blocks proposed to be 3-storeys in height. The 41 dwelling units are proposed to be retained by the property owner and be rental tenure, with 30% of the units (approximately 13 units) targeted to be affordable at 80% of the Median Market Rent per the CMHC National Housing Co-Investment Fund criteria. This application is dormant as there has been no response from the applicant to the City’s status letter, dated July 2023. 7.2 1515 Pickering Parkway This site is zoned to permit the development of 571 units within a 40-storey residential condominium building, with a podium ranging between four and six storeys. The proposed development is going through site plan approval. To address affordability, the developer has indicated, through a letter of intent, to offer one housing unit to Habitat for Humanity GTA, at no cost. It is anticipated that this would be implemented through an agreement with the condominium corporation. This proposed development is currently being marketed. 8. Legislative Changes Affecting Affordable Housing Since the approval of the Housing Strategy & Action Plan, 2022, there have been significant changes to Provincial legislation that impact the planning, approval, and construction of affordable housing in Ontario. For example, the Province has approved a new definition for “Affordable Residential Units” for the purposes of calculating development charges in accordance with the Development Charges Act, 1997. Subsequently, the Province issued Housing Bulletins that set out the average purchase prices, market rents, and income-based thresholds for municipalities that are to be used to determine the eligibility of a residential unit for an exemption from development charges, the maximum community benefits charge, and parkland dedication requirements. A summary chart of Pickering’s Bulletin is contained in Appendix II. Effective October 20, 2024, a new Provincial Planning Statement, 2024 (new PPS), came into effect. The new PPS replaces the former Provincial Policy Statement and the Growth Plan for the Greater Golden Horseshoe. There are many new and revised policy statements in the new PPS related to housing. Staff will be reviewing the new PPS, as well as any other legislative or policy changes that may impact housing, through both the 2024 update to the Housing Strategy & Action Plan, and the Official Plan Review. 9. Conclusion This report outlines the actions taken by the City since the previous and first Annual Housing Monitoring Report, provides updates on the City’s affordable and rental housing developments, and provides other housing statistics related to housing affordability in Pickering. PLN 02-25 January 27, 2025 Subject: City of Pickering Annual Housing Monitoring Report Page 8 Appendices: Appendix I Action Item Update – Annual Housing Monitor Report Appendix II Affordable Residential Units for the Purposes of the Development Charges Act, 1997 Bulletin Attachment: None Prepared By: Original Signed By Déan Jacobs, MCIP, RPP Manager, Policy & Geomatics Approved/Endorsed By: Original Signed By Catherine Rose, MCIP, RPP Chief Planner Original Signed By Kyle Bentley, P. Eng. Director, City Development & CBO DJ:CR:ld Recommended for the consideration of Pickering City Council Original Signed By Marisa Carpino, M.A. Chief Administrative Officer Appendix I to Report No. PLN 02-25 Action Item Update – Annual Housing Monitor Report Action Item Update – Annual Housing Monitoring Report Pickering Housing Strategy Action Plan Each action is categorized according to the following themes: policy, financial incentives, and other. A timeframe and estimated cost of implementation has been identified for each action and is shown in the table below. In addition, the table identifies the gap from the Phase 1: Research and Gap Analysis Report, March 31, 2021, that the action addresses and the City department to lead the initiative. Gaps Identified through the Research and Gap Analysis Report, March 31, 2021. • Gap 1 relates to the need for housing options for: • Low and moderate income earners • Rental and ownership housing • Range of unit sizes, and • Accessible units • Gap 3 relates to the need for: • Home ownership housing options for moderate income earners • Range of unit sizes, and • Accessible units • Gap 2 relates to the need for: • Primary rental market units of all sizes • Protection of units in the primary rental market • Accessible units in the primary rental market • Gap 4 are policy gaps related to housing in the City’s Official Plan that are the result of new or recent changes to provincial legislation. Legend for updated Action Plan below: Timeframe Short-term ■□□ 1-5 years Medium-term □■□ 5-10 years Long-term □□■ 10 or more years Cost Estimate Low $ Under $10,000 Medium $$ $10,000-$25,000 High $$$ Over $25,000 Action Item Update – Annual Housing Monitoring Report Action Gap # Addressed Lead Department Initial Time Frame New Time Frame Cost Status Update 1.0 Policy 1.1 Add a definition of “affordable housing” to the City’s Official Plan, which includes reference to the average purchase price and average market rent in accordance with the definition in the Provincial Policy Statement, 2020 (now Provincial Planning Statement 2024). Gap 4 City Development ■□□ ■□□ $ In Progress The definition will be included through the City Official Plan Review process, currently underway. 1.2 Add a definition of “Housing Options” to the City’s Official Plan. Gap 4 City Development ■□□ ■□□ $ In Progress Both the approved Regional Official Plan (ROP) and recently released Provincial Planning Statement 2024 (PPS 2024) contain a definition of housing options. The definition will be included through the City Official Plan Review process. Action Item Update – Annual Housing Monitoring Report Action Gap # Addressed Lead Department Initial Time Frame New Time Frame Cost Status Update 1.3 Amend the City’s Official Plan to reflect the Provincial Policy Statement 2020 requirement for the municipality to maintain the ability to accommodate residential growth for a minimum of 15 years (as opposed to 10 years as currently written). Note: The Provincial Policy Statement 2020 has been replaced by the Provincial Planning Statement 2024 (PPS). Gap 4 City Development ■□□ ■□□ $ In Progress The PPS 2024 states that municipalities shall maintain, at all times, the ability to accommodate residential growth for a minimum of 15 years through lands which are designated and available for residential development. The recently approved ROP states the timeframe is a minimum of 15-years through lands which are designated and available to accommodate residential growth. This action item will be implemented through the City Official Plan Review process. Action Item Update – Annual Housing Monitoring Report Action Gap # Addressed Lead Department Initial Time Frame New Time Frame Cost Status Update 1.4 Consider amending the City’s Official Plan to reflect the Provincial Policy Statement 2020 option to increase from 3 to 5 years the minimum number of years to accommodate a short- term supply of residential lands, subject to the outcome of Durham Region’s Envision Durham exercise. Note: The Provincial Policy Statement 2020 has been replaced by the Provincial Planning Statement 2024 (PPS). Gap 4 City Development ■□□ ■□□ $ Currently Being Reviewed The recently approved PPS 2024 states that authorities shall maintain, at all times, where new development is to occur, land with servicing capacity sufficient to provide at least a three-year supply of residential units, available through lands suitably zoned, including units in draft approved or registered plans. Staff will seek to implement this action item through the City’s Official Plan Review process. 1.5 Add new official plan policy to protect existing rental housing stock from conversion. Gap 4 City Development ■□□ ■■□ $ Currently Being Reviewed Staff are monitoring the changes to the Municipal Act that permit the Minister to make regulations imposing limits and conditions on the powers of a local municipality to prohibit and regulate the demolition and conversion of residential rental properties. There is not no timeline available for when the Minister may introduce the regulations. Action Item Update – Annual Housing Monitoring Report Action Gap # Addressed Lead Department Initial Time Frame New Time Frame Cost Status Update 1.6 Add new Official Plan policy which prohibits the demolition of existing rental housing units unless the proposed redevelopment meets specified conditions. Gap 4 City Development ■□□ ■■□ $ Currently Being Reviewed Staff are monitoring the changes to the Municipal Act that permit the Minister to make regulations imposing limits and conditions on the powers of a local municipality to prohibit and regulate the demolition and conversion of residential rental properties. There is no timeline for when the Minister may introduce the regulations. 1.7 Consider adding new Official Plan policies to implement “inclusionary zoning” in Major Transit Station Areas, following Durham Region’s completion of the “Assessment Report”. Note: the “Assessment Report” refers to an assessment report for inclusionary zoning, and not a housing assessment report, which describes the current and future housing needs of a municipality or community. Gap 4 City Development ■■□ ■■□ $ Currently Being Reviewed Durham has completed a Regional Assessment Report for Inclusionary Zoning. Staff will assess the potential impacts of the recent changes to the Planning Act, which limits the use of Inclusionary Zoning, as part of our ongoing work. Action Item Update – Annual Housing Monitoring Report Action Gap # Addressed Lead Department Initial Time Frame New Time Frame Cost Status Update 1.8 Additional Dwelling Units: (a) Review and update the City zoning by-laws and Two- Dwelling Unit By-law to reflect the More Homes, More Choice Act changes to permit Additional Dwelling Units in a detached, semi-detached or townhouse as well as in a building or structure ancillary to a detached house, semi- detached or townhouse. (b) Consider allowing Additional Dwelling Units in rural areas subject to the capacity of well and septic systems. (c) Consider reducing or removing the City’s parking requirement for Additional Dwelling Units located in areas well served by transit. (d) Examine other existing zoning requirements that may present barriers to increasing Additional Dwelling Units within the City. Gaps 2, 4 City Development, Corporate Services (Municipal Law Enforcement) ■■□ ■□□ $ Completed Project Website: https://www.pickering.ca/en/city- hall/additional-dwelling- units.aspx Council approved amendments to the City’s zoning by-laws in September 2024 to permit ADU’s in accordance with the Planning Act. Also, a Memorandum of Understanding (MOU) between Pickering and Whitby has been entered into for the sharing of resources to prepare pre- approved building drawings, for detached ADUs. This program aims to streamline design selection and building permits for detached ADUs. Action Item Update – Annual Housing Monitoring Report Action Gap # Addressed Lead Department Initial Time Frame New Time Frame Cost Status Update 1.9 Ensure that the City’s Official Plan policies and zoning regulations do not present barriers to shared living (co-housing, co-living) arrangements in appropriate areas as-of-right. Gaps 1-3 City Development ■□□ $ Completed 2022 Staff completed a review and established that there are no barriers to shared living arrangements in the policies of the Pickering Official Plan. 1.10 Consider removing or reducing the minimum requirement for parking spaces for affordable housing and/or supportive housing and allowing developers to propose alternative parking space options. Gap 4 City Development ■□□ ■□□ $ In Progress Recent changes to the Planning Act removed the ability of municipalities to impose minimum parking requirements in Protected Major Transit Station Areas (PMTSA). Policies regarding minimum parking requirements for areas outside PMTSA’s will be analyzed through the current Official Plan review process. 1.11 Consider discouraging “down zoning” high and medium density residential designations to lower density residential designations. Gap 4 City Development ■□□ ■□□ $ In Progress The inclusion of policies discouraging ”down zoning” will be considered through the current Official Plan review. Action Item Update – Annual Housing Monitoring Report Action Gap # Addressed Lead Department Initial Time Frame New Time Frame Cost Status Update 1.12 Add an Official Plan policy requiring the submission of an Affordability and Accessibility Analysis as part of a complete application for residential development, subject to criteria. Gaps 1-3 City Development ■□□ ■□□ $ In Progress Although staff is already requesting the submission of an affordable housing brief for major residential development applications, the development application submission requirements will be updated through an upcoming house- keeping amendment to the Pickering Official Plan, to include an Affordable and Accessible Analysis. 2.0 Financial Incentives 2.1 Consider establishing a corporate policy whereby surplus or underutilized City-owned lands or buildings that are not required for municipal purposes, such as for parkland, are first considered for development of affordable rental housing. Gaps 1-3 Corporate Services, Finance and City Development ■■□ ■■□ $$ - $$$ Work Has Not Commenced Action Item Update – Annual Housing Monitoring Report Action Gap # Addressed Lead Department Initial Time Frame New Time Frame Cost Status Update 2.2 Consider waiving fees or providing a grant equivalent to certain development application fees, development charges, property taxes, and/or parkland dedication requirements, for affordable rental, affordable ownership, and/or supportive housing developments on a case- by-case basis. Gaps 1-3 Finance □■□ □■■ $$ - $$$ No longer required City staff involvement not required due to the introduction of Bill 23 that has provided financial relief to some degree for affordable units. The loss of DC fee revenues is now funded by casino funds. Bill 23 had a direct impact on the action item as the Province provided exemptions or reductions to development charges (DC’s) as--of-right. Affordable units are exempt from paying DC’s and parkland dedications. Rental units have reduced DC rates based on the number of bedrooms. 2.3 Prioritize and facilitate approvals for projects which provide affordable rental, affordable ownership, supportive housing, and purpose-built rental housing units. Gaps 1-3 City Development, Engineering, Fire ■□□ ■□□ $ On-Going Currently, applications that include affordable or rental units are prioritized and streamlined on an ad hoc basis. 2.4 Consider establishing a Housing Reserve Fund which can be funded through a special levy and/or Community Benefit Charge. Gaps 1-3 Finance □■■ □■■ $ No longer required This action item is no longer required due to the introduction of Bill 23. Action Item Update – Annual Housing Monitoring Report Action Gap # Addressed Lead Department Initial Time Frame New Time Frame Cost Status Update 2.5 Consider undertaking a feasibility study for a Vacant Home Tax. Gaps 1-3 Finance □■□ □■□ $ Action not to be implemented The introduction of a vacant home tax requires administration support and corresponding financial resources. The benefits are questionable when measured against the cost to implement the program. The actual number of vacant homes is often much smaller than initially believed. In Toronto, only 2,100 properties were declared empty out of 775,000 declarations which represents a vacancy rate of approximately 3/10”s of one percent. 3.0 Other 3.1 Encourage developers to consider designing flexible spaces that can accommodate shared living or multi-generational living. Gaps 1, 3 City Development ■□□ ■□□ $ In Progress Through pre-consultation meetings and preliminary discussions, staff are encouraging developers to consider designing flexible spaces. Action Item Update – Annual Housing Monitoring Report Action Gap # Addressed Lead Department Initial Time Frame New Time Frame Cost Status Update 3.2 Consider connecting interested developers with experts or consultants in the field of management, and operation, of affordable, rental housing. Gaps 2 Economic Development, City Development ■□□ ■□□ $ In Progress Staff continue to network to confirm opportunities to connect the development community with experts in affordable and rental housing. In May 2024, a new City policy, and a formalized registration process, was approved to better profile and support local ratepayer associations, which offers direct communication to each association regarding Council and Committee meetings. 3.3 Provide guidance to developers, not-for-profits and other proponents of affordable rental, affordable ownership and/or supportive housing, on the planning and building approvals processes. Gaps 1-3 City Development ■□□ ■□□ $ In Progress Staff provides guidance through preliminary discussions regarding the City‘s Housing Strategy, and through formal pre-consultation comments. Staff will continue to review what information packages can be created to further assist, and educate, proponents in the planning and building approval process. Action Item Update – Annual Housing Monitoring Report Action Gap # Addressed Lead Department Initial Time Frame New Time Frame Cost Status Update 3.4 Share information with developers about funding and other incentives available to address the City’s housing needs. Gaps 1-3 City Development ■□□ ■□□ $ In Progress The City’s website includes a weblink to Durham Housing information. See: Affordable and Emergency Housing - City of Pickering City Development staff participates in a Durham Region Working Group tasked with investigating updating policies regarding exemptions for affordable housing proposals. 3.5 Consider advocating for the Province to establish a minimum number of accessible units or a percentage of accessible units for major residential development. Gaps 1-3 Corporate Communications ■□□ ■□□ $ Work Has Not Commenced 3.6 Consider advocating for the school boards to reduce, waive and/or defer their portion of Development Charges for affordable rental housing. Gaps 1, 2 Corporate Communications ■□□ ■□□ $ Work Has Not Commenced Action Item Update – Annual Housing Monitoring Report Action Gap # Addressed Lead Department Initial Time Frame New Time Frame Cost Status Update 3.7 Establish a Monitoring Plan that will annually update and review the baseline data set established in the Research and Gap Analysis Report, March 31, 2021, to ensure goals and objectives of the Housing Strategy are being met. Gaps 1-4 City Development ■□□ ■■■ $ Ongoing Staff are continuously working with Regional and Provincial partners to understand what data sources can be monitored and the most effective means of reporting the data. Monitoring will include tracking affordable and rental housing including existing, proposed, and approved applications. (as per Council Resolution #956/22). 3.8 To consider adding a dedicated function, similar to an Office of Affordability, within the City, the scope of work which would include being responsible for implementing the Pickering Housing Strategy & Action Plan 2021-2031, December 22, 2021. Gaps 1-4 City Development $$$ Completed 2024 A Senior Planner, Housing was hired in May 2024. A new cost centre for an Office of Affordability, in the City Development Department, was established through the 2024 Budget process. Appendix II to Report No. PLN 02-25 Affordable Residential Units for the Purposes of the Development Charges Act, 1997 Bulletin The Affordable Residential Units for the Purposes of the Development Charges Act, 1997 Bulletin Note: The bulletin is effective June 1, 2024 and will be updated/revised June 1, 2025) The bulletin sets out the market-based (that is, average purchase prices and market rents) and income-based thresholds that are to be used to determine the eligibility of a residential unit for an exemption from development charges and exclusions from the maximum community benefits charge and parkland dedication requirements. Applicable units must be subject to agreements that provide for them to remain affordable residential units for 25 years. Units must also be sold or rented on an arm's length basis. For ownership housing, a unit would be considered affordable when the purchase price is at or below the lesser of: •Income-based purchase price: A purchase price that would result in annual accommodation costs equal to 30% of a household’s gross annual income for a household at the 60th percentile of the income distribution for all households in the local municipality; and •Market-based purchase price: 90% of the average purchase price of a unit of the same unit type in the local municipality. For rental housing, a unit would be considered affordable when the rent is at or below the lesser of: •Income-based rent: Rent that is equal to 30% of gross annual household income for a household at the 60th percentile of the income distribution for renter households in the local municipality; and •Market-based rent: Average market rent of a unit of the same unit type in the local municipality. Bulletin for Pickering: Affordable Purchase Price: SDU, Semi-detached DU, Townhouse, Condo apartment $499,400 Affordable Monthly Rent: Bachelor apartment $1036 Affordable Monthly Rent: One Bedroom apartment $1396 Affordable Monthly Rent: Two Bedroom apartment $1640