In September and October, OHBA participated in a number of meetings with the Ministry specific to the design and architecture of the proposed Community Benefits Charges Model.

During these consultations, OHBA submitted a letter to the Ministry of October 7th articulating a number of concerns and recommendations to improve the framework of a Community Benefits Charges framework to achieve four key objectives:

• Provide greater certainty and predictability to enhance project viability for new housing supply;
• Provide greater cost certainty for the developer through earlier timing to establish CBC;
• Provide greater certainty and protection to consumers by reducing cost escalation risks;
• Provide greater certainty to municipalities through an earlier appraisal to establish CBC.

OHBA working with our local HBAs and members representing the industry provided additional input at multiple technical working group meetings held by the Ministry and their consultant.

Consultations will continue through in the weeks ahead of the design of the CBC framework with a regulation anticipated to be posted by the end of the month.

ohba-cbc-oct-7-2019.pdf 129 KB