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Town Council will review how Oakville will accommodate the provincially-mandated housing target of 33,000 new units by 2032 when the Special Council Meeting reconvenes following Monday's Planning and Development Council Meeting.
As stated in the Town's draft pledge letter to the province, Oakville is committed to playing its part in the delivery of housing for the Ontario’s growing population. Oakville recognizes the immediate need for new housing including market-based, attainable, affordable, social, and assisted, for all tenancies including rental, among the many types of housing required by the public.
The Town has identified more units than the 33,000 units pledge and work already underway will easily meet the pledge as long as all partners involved do their parts. As well, work by the Region of Halton shows applications in the development pipeline for Oakville that also exceed the 33,000 housing units for approval under the Town’s pledge.
The letter also highlights what Oakville depends upon from the Province to support this pledge, ie. the Province fully fund, plan and deliver the capital projects in and around Oakville to support the Town’s pledge and facilitate timely infrastructure investment in that regard, including the Kerr Street grade separation in support of residential development at Speers Road and Kerr Street, extension of the GO Train platform and bus loop re-location in Midtown, interchange improvements along QEW at Trafalgar Road and Royal Windsor Drive which are all needed for development in Urban Growth Areas to proceed.
The Town relies upon the November 30, 2022 letter by the Minister to the Association of Municipalities of Ontario saying, “At the same time, it is critical that municipalities are able to fund and contract road, water, sewer, and other housing enabling infrastructure and services that our growing communities need. There should be no funding shortfall for housing enabling infrastructure as a result of Bill 23, provided municipalities achieve and exceed their housing pledge levels and growth targets.”
The Province has set a deadline of March 22, 2023 for municipalities to submit their housing pledges. 22 municipalities have confirmed their pledges and the remaining are to confirm ahead of the March 22 deadline.
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