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Originally Posted by DJones
Didn't seem broad to me. There was full blown threats to pull funding.
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This "full blown threat"?
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It comes as the city’s Infrastructure and Planning Committee meeting was presented a report Wednesday that said CMHC “may deem” the City of Calgary to be non-compliant with the Housing Accelerator Fund (HAF) Contribution Agreement if city council fully repeals citywide rezoning.
“In order to remain compliant with the agreement, any updated zoning must not reintroduce exclusionary (single family only) zoning, allow for at least four units on a lot across the city without additional approvals, and must not reintroduce approval processes or other barriers that slow down development,” CMHC said in its note to the city.
CMHC said it looks forward to working with Calgary on “options to achieve this” in the coming weeks.
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https://globalnews.ca/news/11664100/...federal-funds/
So in other words, the city could cut its blanket zoning capacity in half and still be compliant, and even if it goes further there may be pathways to maintain funding and the agencies involved will work with the city.
Does 'Conditional funding may be withheld if the conditions aren't met' even meet the threshold of a 'threat'?