That the balance of the motion BE APPROVED:
That, the following actions be taken with respect to Mayoral Direction 2026-001: Creation of an Affordable Home Ownership Incentive Program - Report Back on Program Options:
a) the Civic Administration BE DIRECTED to report back to Council with options that can be rolled out quickly to incentivize housing activity within the remaining Housing Accelerator Fund window, together with a Housing Accelerator Fund mid-year update report, including:
i) current progress toward targets, the remaining unit gap, timing considerations, risks to achieving program outcomes, and proposed incentive options that would support housing activity within the remaining program window;
iii) an enhanced Additional Residential Unit incentive program for existing homeowners, including options to increase uptake and accelerate implementation for interior/basement and attached Additional Residential Units that can be delivered within the available timeframe; and
iv) implementation considerations for each option, including estimated cost, expected housing unit impact, and whether the option can be implemented under existing Community Improvement Plan authorities or would require by-law amendments or other Council approvals;
b) the report dated March 24, 2026 with respect to this matter, BE RECEIVED for information.
it being noted that the Strategic Priorities and Policy Committee received communications from the following with respect to this matter:
• J. Zaifman, CEO, London Home Builders' Association;
• C. Butler;
• Councillor S. Stevenson
• M. Wallace, Executive Director, London Development Institute; and
• Mayor J. Morgan;
it being further noted that the Strategic Priorities and Policy Committee heard verbal delegations from J. Zaifman, CEO, London Home Builders' Association and M. Wallace, Executive Direct, London Development Institute.