Greater Sudbury lifts or freezes development charges for builders
Development charges are costs builders pay when building new homes. The principle behind it is to have developers share in the long-term cost of building and maintaining infrastructure that will be needed by the people who will live in the new developments. (File)
Meeting on Tuesday, city council in Sudbury voted to lift development charges for certain types of housing and to freeze the charges for other structures.
“Council approved a member’s motion to place a three-year moratorium on development charge fees for so-called ‘missing middle’ homes, including duplexes, triplexes, row houses, townhouses, and multi-unit apartments of 30 units or less,” the city said in a news release.
“Development charges on single-family dwellings will remain at their current rate during this three-year period.”
Development charges are costs builders pay when building new homes. The principle behind it is to have developers share in the long-term cost of building and maintaining infrastructure that will be needed by the people who will live in the new developments.
The goal is to raise the money needed to build and maintain roads, water, sewer and other services from developers who build the new homes, rather than from all taxpayers.
The city received about $4.25 million in revenue from the charges in 2022.
The city hasn’t yet estimated how much the development charges moratorium and freeze will cost in lost revenue.
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