City council is being asked to authorize a funding boost to offset rising costs impacting housing stability services for Londoners experiencing homelessness.
On Tuesday, council’s Strategic Priorities and Policy Committee considered three financial requests from BIAs that feel they are equally deserving in response to how the homeless crisis has impacted business.
If approved, the Downtown BIA will receive $1.6 million, the OEV BIA $500,000, and the Argyle and Hamilton Road BIAs will both receive $125,000 to offset the homelessness crisis.
London’s homelessness crisis continues to take a toll on core area businesses by keeping customers away and driving up the cost of cleaning and security. So, city hall is being asked for financial support.