London’s office-to-residential conversion incentive program and the forgivable loan program for building in the city’s busiest transit areas are so popular that city hall is calling for a top up before they run out of money.

City hall is recommending taking a total of $9.5 million in leftover federal funding from the housing accelerator fund, both from a recent top up and surplus funding from other completed initiatives, and putting it into both programs.

The office-to-residential conversion program and the transit oriented development program, each seeded by $10 million in federal funding, have too many applications, according to a city staff report.

“The surplus funding sources identified from the current programs and initiatives are being recommended to be reallocated toward prog

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