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. “Serving your community smce 1856 â€"â€" 0.0 d. WEDNESDAY, lUNE 4. 2014 . WATBRLOO, ONTARIO * $1 INCLUDING HST ’. WM_T§_'3 ‘ ‘ Re 'on unveils Fmanc1al ' . 81 d hb d new affordable as oar '~ housmg plan . . by; A City’s new financml “a: Bv_Mt=.ussa Mummy _ ilk _ ' For the(.hrumcle tool draws mixed ff , f M - ~ - he region has a roved a new reviewsfiiom critics ' . ' I would“ houi’l’ng pm. but Bvlmmlnusots , some councillors questioned _W_(f'10_'{'fl{5;”fl_7mfl I the lack of three things ~ ambition. ' ’ money and a concrete plan for afford? new feature on the (ity of u able housing along the light rail tran. AWaterIoo website aimed at ,_ .. ' ~ sit route. simplifying reams of financial a In the new plan, which is In effect ~ information for residents is drawing < . until 2019 and needs to be ratified at a mixed reviews front the city's biggest ' . ' ‘ - council meeting today, the region aims financial critics. \ to build 350 new affordable rental and The feature. called the l<inancial a!" home ownership units, and will aim to Dashboard. launched May I?. and "W N preserve and retain 350 existing pmvides an overview ofthe city's p05i' , “n . affordable homes through renovations tion on a number of highâ€"level finan- ii I and repairs. cial measures. including the city's ‘ Since May 2001, 2,062 affordable overall financtal position, debt. * housing units have been created. reserves. assets conditions and eeo which met the goal of creating at least nomic growth l 2,000 units “It really is meant to be a quick i But the new plan is 200 units less snapshot," said Kcshwer Patel. the l than the one approved in 2“, while city's chief financial (miter and fleas l the wait list for affordable housing has urer “We don't expect residents to l remained around Hm people look at moo page (budget) report ' l I 5 And people are waiting longer. Hie site uses audited information I ‘ according to it" Schurnat’her, supervv from annual “mutual information i l stir of housmg supply initiatives return that All tniinit ipaltties arc : ‘ Applicants waiting for a one lN‘tlrrxittl requlred to file with the l'rtn‘inti- ol apartment can wait up to slit \f'-tl\ Ontano. and int little-s both the origi l while families are waiting ati (iii-mgr" rial finant ial reports along with the i ’. ofthree years for affordable housing summaries ‘ (on I Ion PR? II ‘° (ontlnued on pm- ? (J! , t ‘ at a ‘ , - f ' . --\ ii ) Ly ‘. l," ,' ' A m ’ k 1 ~ "' aria-3 J’ . ' f?" ‘ t . ‘ _ - ' \ “4" \p b _ J ’ A”: USED VEHICLES ‘ 4 A t ‘ w v- a _‘ A. s a “a m a“. __ _ .. f - A.» a. - a» a“ ' nwfi-AV "I" / "'"""'""""" Recordbreaker 1 ‘° W ($370va ~ ‘ -~n--â€"_ A."mm”you9,whimnaciauenmemmbigqenbfiesdentheaoadwofionSaruv J‘ tm.~m daythobunidnwammwiobruitanruadfathebimbuethth ; l “.,|m~ A orgamrmey-fl‘nglxsummuhhghtlmforlotdlmdtbdnmm , ”J . ,-h..__._~_, , N , BUYZGETi 0/0 E; 250/O FREE or; OFF “1 a x. r a . idea- a v , 2- 6- ', lNTERlORS summon: m. A: l "“"' I I (Jill-INST Ii (Ammonia ”J | ! ll. YOUR (”MN l rt l)l( ”RATING 8; nrsum (‘l‘NTRF wwwmmmsm l '