ADDITIONAL INFORMATION MEMO 

Cr Ora1711 and KWH" Ord strike a balance between ircentiviiIng pt lier Vel0ParcielvetrO and being Ikea*, lOWOHNilie 

The development of an affordable housing CIP, following the general structure ancribed above. well take aPPromrsitelY lam 1101 months to complete with the telling and curt date sube-.1 to any further protect f Oiled/ton by Counts This will mean targeting a Council meeting around lune :MI far foul adoutian of the C.P. This unman. wades circulating the wart CIP, and prat nos the statutory puck nonce of 10 days beetlet the rerttared public hearing (Le the Development and medlar Standing Committee) The final CIP will be precentod to Councl fen finei adoption by Oita*. it w01 oho specafy ti.nding recp-aaments for [ounces confederation accompanied by all of the necessary information sod, ea amount. duration. purpoSe. etc. and reputed kriging tortimanwnt for each financial Intently.. proven nicommendin.l. 

Although rot • project that web anticipated as part of the Capital Budget. tie costs associated with the areparaticn of an Affordable Harting CP can be covered by the lifelighbosehood Studies and Ratty. Gun/mimes fund iProrect ID 70450)3) he refarientiert tattle of the dthee future studies that have been PentMed Tins fund Provides Monet to study and implement dime standards and physical features,eantersties that contribute to • mom lustily of ide in local reghbourtsocds. and to address same of the more peening planningidevelopm ere related thadenges hung *what A CIP for a tfaida tip Musa"; Is 0311(611101 with tab drfiniton It o estimated that Ire deveoprnent al e CIP tr 'Purdah* HOVIrela wall te m the range of $20.000 to Se0.000 if it is prepared In house 

However, the casts reflected 300Ve unlit address the preperatiun of • CIP hal 4HOltiellie Maury Any fierier Ai incentim program ofttred by the City will rolVe a financial cost to delver it Some woad be deferred or reduced revenue, and others would requite the establishment of a direct funding won.. to ow the pants or tom Taw specific financial eng&Ations of each program would be estimated a part of the depopment of each fi ealHO al incantve program for affordable Wayne and presented to Council with the drag CIP 

in urinary, 0101110 Cowrie direct it me Flannels Department will take the lead on the deveksOment or a CIP for affordable housing It will tic sc. ei cowulteion and cotaboratian with the housing, Smut Fianna&‘egal and Nunn, departments The LIP will take around ten rricerms to complete, at • cost of aporoematery 520.0X to $311‘,OX to prepare II ki-touse