Ontario Housing Supply Action Plan: Positive changes for real estate developers and rental providers

Posted on: June 12th, 2019 by Real Estate Accountants

The Ontario government Ontario Housing Supply Action Plan proposed changes to address barriers getting in the way of a new rental and ownership properties on May 2, 2019. Recommendations of industry experts like BILD and OHBA influenced this new government policy. The recommendations are centered on themes of speed, cost, mix, rent, and innovation. Overall, these are positive changes as seen by developers and real estate investors.

Our real estate and construction team shares an overview of these five key areas and what the recommended changes mean for rental housing providers, developers, and homebuilders. You can find our discussion here

Comments are closed.