Fast-track rezoning for 35,000 housing units approved in Caledon
Published March 27, 2024 at 12:59 pm
The rezoning for 12 development projects has been given the green light to bring some 35,000 to Caledon.
The Town of Caledon announced on Tuesday that Mayor Annette Groves had advanced the rezoning of a dozen development applications submitted in Caledon.
The developments are projected to bring 35,000 housing units to Caledon “over time,” but the town hasn’t given a timeline for when that number could be achieved.
Caledon says the move signals to developers that the town “is open for business” and will help meet future changes in housing demand.
“This unparalleled direction signals Caledon’s readiness and ambitions for growth and the commitment to expedite the creation of complete, sustainable communities, as envisioned in the Town’s Strategic Plan,” said Caledon Cheif Administrative Officer Nathan Hyde.
Expediting the rezoning applications follows the province’s award of $2.8 million to Caledon for making progress toward its housing pledge earlier this month.
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The money comes from Ontario’s Building Faster Fund, which rewards municipalities for meeting more than 80 per cent of its provincially set housing targets last year.
The province has set an ambitious target of building 1.5 million new homes in Ontario by 2031, with Caledon expected to start 13,000 builds. Some 778 new housing units were started in Caledon in 2023 accounting for 82 per cent of a 953-unit target.
Any unspent funding will be made available for housing-enabling infrastructure to all municipalities in Ontario.
The province granted the mayors of Caledon and Brampton so-called “strong mayor powers” in 2022, expanding their authority over city budgets, the hiring and firing of senior city staff, affordable housing and other infrastructure projects. Only a two-thirds majority vote of council can overturn a strong mayor decision.
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