IP2026-0849

That with respect to Report IP2026-0849, the following be adopted, after amendment: That Council: 1. Direct Administration to remove Affordable Housing Units, cash-in-lieu contributions, and contribute to the Affordable Housing Fund in the Incentive Density Funds of Commercial Residential Districts from all relevant policies and Land Use Districts within the Greater Downtown, and return to Council no later than Q2 2027 with the amendments; 2. Direct Administration to develop a density exemption incentive for non-market housing and return to Council no later than Q2 2027 with the amendments concurrent with the removal of Affordable Housing bonusing; and 3. File Attachment 5 and direct Administration to prepare the necessary amendments to replace the Terms of Reference for the Affordable Housing Fund in the Incentive Density Funds of the Commercial Residential Districts with an updated Greater Downtown Affordable Housing Fund Terms of Reference and return to Council no later than Q2 2027.