这两年的数据有点儿意思
ottawacitizen.com
The revenue generated by the tax is directed to the city's affordable housing fund. It generated $32 million from 2023 to 2025 and was projected to inject another $12 million in 2026.
Some councillors are calling for a “sunset clause” and a full review of the City of Ottawa's vacant unit tax on residential properties, while others have defended the tax as an incentive to return vacant units to the housing market that generates millions in revenue for affordable housing initiatives.
According to deputy city treasurer Joseph Muhuni, 1,602 previously vacant units were returned to the market between 2022 and 2023, the first year since the VUT was implemented. That same level of housing supply would have required about $400 million in capital investment from developers at a cost of $250,000 per unit, Muhuni said in a recent memo to council.
The city’s data also identified “persistent vacancy patterns” with 2,067 properties that remained vacant for two consecutive years, Muhuni said, which indicated the flat one per cent tax rate “does not motivate all property owners to return units to market.”
Ottawa councillors divided on city's vacant unit tax
The revenue generated by the tax is directed to the city's affordable housing fund.
The revenue generated by the tax is directed to the city's affordable housing fund. It generated $32 million from 2023 to 2025 and was projected to inject another $12 million in 2026.
Some councillors are calling for a “sunset clause” and a full review of the City of Ottawa's vacant unit tax on residential properties, while others have defended the tax as an incentive to return vacant units to the housing market that generates millions in revenue for affordable housing initiatives.
According to deputy city treasurer Joseph Muhuni, 1,602 previously vacant units were returned to the market between 2022 and 2023, the first year since the VUT was implemented. That same level of housing supply would have required about $400 million in capital investment from developers at a cost of $250,000 per unit, Muhuni said in a recent memo to council.
The city’s data also identified “persistent vacancy patterns” with 2,067 properties that remained vacant for two consecutive years, Muhuni said, which indicated the flat one per cent tax rate “does not motivate all property owners to return units to market.”
