ICYMI: The Latest From Council, Dec 13th

Jan 5 2024 • 3 mins

Not everyone has 3 hours to watch Regional of Waterloo Council sessions. So once a month Chevon will bring you the highlights and help you stay up to date on the decisions that matter to your community.

On Dec 13th, 2023 Council approved the following initiatives:

Approved 2024 Plan and Budget makes critical investments to meet growth

The Region of Waterloo is investing $2.1 billion in 2024 to maintain and expand vital services necessary for the community to grow to a million people in the coming years. The total 2024 operating and capital budget for Regional services, including costs for Waterloo Region Police Services, is $2.1 billion, which represents a tax rate impact of 6.9%. This amounts to an annual increase of $165 for an average property, or $13.76 per month. Learn more about the coming year’s key investments in the Region’s budget book.

Council approves south terminal location for ION in Cambridge

Regional Council has approved the Ainslie Street Grand River Transit terminal as the south terminal location for Stage 2 ION in Cambridge. The decision was based on many criteria, including access to existing and prospective employment areas, efficiency of travel using the LRT and bus network such as trip time and number of transfers, and cost. Stage 2 ION will support alternative options to cars, helps build community and supports the construction of housing in areas that are close to jobs, services and amenities.

Capital grant supports more affordable homes in Cambridge

Regional Council approved $1.96 million in funding to Community Living Cambridge to support the creation of 20 affordable homes for adults with developmental disabilities. The units at 160-162 Hespeler Road will be in a congregate setting with full-time supports and services, rented at a cost of $538 per month. The grant was awarded through a request for proposal process and funded through the Ontario Priorities Housing Initiative (OPHI). The Regional Affordable Housing RFP is an important tool that provides an opportunity for the community to identify solutions in response to housing needs.

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