FAQs

If a property is no longer required for its original purpose, the Region of Waterloo considers other uses for the land that will achieve broader community objectives, being mindful of the existing planning framework in place. Creating a range-and-mix of housing choices throughout the regional urban areas for all income groups is an important objective of the Region of Waterloo. It helps to ensure that all members of the community have access to safe and affordable housing. Each of these properties have been declared legal surplus by Council for disposition to the market.

The Region defines affordable housing on surplus lands in line with Canada Mortgage and Housing Corporation’s (CMHC) requirements for Co-investment funding. CMHC requires the use of Median Market Rent (MMR) and requires that at least 30% of units be below 80% of MMR to be eligible for Co-Investment funding. While this is also the Region’s minimum requirement, it targets 40% or greater on surplus land sites. Applications that can achieve deeper levels of affordability may be eligible for additional funding through the Region’s affordable housing grant program. 

The Region anticipates submissions will be mixed-income with a component of affordability integrated. Development scale and density will vary depending on the applicants, but be guided by the Regional and area municipal policies and zoning in place. RFP documentation will outline design parameters to be considered during evaluation.

The Region will encourage submissions that demonstrate innovation and creativity with housing solutions that are affordable, design forward, contextual, and environmentally sustainable. 

The Region, through consultation with planning staff in the City of Waterloo, estimates the creation of between 22 and 75 housing units at 41 Westhill Drive, Waterloo.

Information sessions are being held for each property. Input gathered from community members will be included in the development RFPs to help inform submissions for development.