Development of CIP for Affordable Housing Continues

Despite the pandemic and the difficulty of getting public input, the Town of Cobourg is continuing with a Community Improvement Plan (CIP) to assist with providing affordable housing.  Initiated in the Fall of 2019 and originally scheduled for completion in May 2020, draft recommendations were submitted to the Planning and Development Advisory committee on June 16. It’s about process and not the budget to be allocated. Once in place, it will permit the Town to spend money assisting developers with grants and loans for development charges, application fees and/or property tax reductions. This is despite that fact that the County is primarily responsible for the provision of affordable housing. No timetable has been set for completion of the study by the consultant but… Read complete articleDevelopment of CIP for Affordable Housing Continues