FOR IMMEDATE RELEASE
February 26, 2016
Ward 7 Candidate Howard Rabb Proposes Plan to Increase Stock of Rental Apartments and Create Jobs
Ward 7 Council Candidate Howard Rabb today announced the first of his platform pieces aimed at addressing both the shortage of available rental apartments in Hamilton as well as the estimated 30% of skilled trades’ workers that are currently unemployed or underemployed in Hamilton according to the Hamilton Building Trades.
"During a recent conversation with different developers on issues facing growth in our community I posed a question. Would a Development Charge Holiday on rental apartments be enough to get you to start building apartments? The answer I got was overwhelmingly yes. For this reason I am putting forth this item today"
"During the first sixty days of my Council term I will put forth a motion asking staff to provide recommendations as to what locations they feel would be best served by such a plan. I will also ask that the development charge holiday be time limited. Developers will have to be ready to have shovels in the ground within a specific time frame in order to qualify for these breaks"
Rabb states that he hopes that the work by Council and City Staff can be done in time for 2017.
With CMHC suggesting that Hamilton's rental vacancy rate is set to fall again in 2017 this prudent and responsible selection will help spur development, create more rental housing, and put people to work to help grow the economy.
"We need this housing now, and we need these jobs now." Rabb states.
Howard Rabb formerly worked at City Hall for Hamilton West Mountain Councillor Terry Whitehead. Prior to his time at City Hall he ran a successful software company that, under his leadership expanded throughout western and eastern Canada and into the United States and Mexico.
He is running in the upcoming by-election in Ward 7 on the central Hamilton Mountain.