Council approves motion to implement Talbot on the Trail community benefit provision

(Gazette file photo)

 

OLIVIA TIMM

FOR THE GAZETTE

Planning for a housing development in Picton is underway in exchange for funds to assist with the local housing crisis.

During the Thursday Committee of the Whole meeting, Prince Edward County council approved a motion to implement the community benefit provision of the Talbot on the Trail development. Council will be asked to approve a community benefit of $91,451.43 which is to be provided through a contribution to the affordable housing reserve fund. This is in exchange for a residential density of 43.4 units per net hectare for the draft plan approval of the subdivision.

According to the Development Services report provided by the County’s Manager of Planning, Michael Michaud, a community benefit can be anything that could be negotiated from public art, play structures in a park, parkland expansion, landscaping or even cash for affordable housing.

On Apr. 21, council gave Draft Plan approval for the subdivision file, which consists of 182 units at full build-out including 106 standard freehold townhouses and semi-detached dwellings, 76 back-to-back stacked townhouses and one single detached dwelling, the report noted. The 182 units will be valued at $3,387.09 a piece, equalling the total community benefit of just over $90,000.

Council will direct and authorize Amanda Carter, Director of Finance, to develop an Affordable Housing Reserve to facilitate the negotiation of community benefit funds for the benefit of affordable housing initiatives. County staff are also recommending that any community benefits the municipality is negotiating for with developers prior to the Sept. 2022 expiry of this provision be considered for affordable housing or affordable housing cash in lieu payments.

The matter will come before council for ratification later this month.