The City is exploring ways to make municipally-owned lands available at low or no cost to private and not-for-profit developers to build affordable and attainable, mixed-use, complete communities.
This initiative will involve working with the Region of Waterloo and other local municipalities to develop common disposition strategies, procurement considerations, development approval processes, and legal considerations and to eliminate barriers that will help accelerate the process of bringing selected municipal lands forward for housing. Information about city owned parcels proposed for affordable and attainable housing through this initiative along with opportunities for public feedback will be identified here.
Key Actions:
- Create a streamlined process for the disposition or use of city owned lands for affordable housing
- Identify initial land parcel and update planning framework
- Select development proposal and building partner(s)
- Seek Council approval of development
Net new housing units:
By 2026: 50
By 2033: 900
Implementation timeline: December 1, 2023 to December 31, 2025
Return to City of Waterloo Housing Accelerator Fund page.
NEWSFEED
FEEDBACK
Give us your feedback - 2025 University Avenue land use
Details on the proposal to rezone lands at 2025 University Avenue for residential use are in the City of Waterloo's staff report from April 29, 2024. This information is also summarized in our news release: City of Waterloo takes action towards creating 700 affordable, attainable units(External link).
What are your initial thoughts on the project?
Comments submitted here will not be posted publicly, but will be summarized in a staff report for Council. Council will see the personal information you provide such as your name and address. View the privacy policy.
