Quote:
Originally Posted by getbak
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The mix market and attainable provide no public benefit to Calgary.
So we have 1100 units of housing for public benefit. This is down from 2300 implied by the original proposal. If you take the 490 million housing cost and factor it the Public Value of the housing is about 300 million. This assumes that the cost of each unit is the same and more dollars per unit aren’t spent on the resale units.
Also if you are looking at this as purely Calgary rather than as a province it’s about a 234 million benefit to Calgary.