Toronto – City of Toronto staff are recommending – through the staff report, Build More Homes: Expanding Incentives for Purpose-Built Rental Housing – actions to support the development of 20,000 new rental homes including up to 16,000 purpose-built rental homes and a minimum of 4,000 affordable rental homes. Of this, the City is committing to build 7,000 rental homes through its own …
Toronto – The City of Toronto announced the ground-breaking of 172 affordable rental homes at 300-304 The East Mall, also known as Valhalla Village. This housing project is the result of a successful collaboration between the City, Government of Canada and private sector partners led by KingSett Capital Affordable Housing LP. This partnership demonstrates a shared commitment to delivering affordable …
Toronto – The City of Toronto outlined a work plan for the Housing Action Plan 2022-2026 which identifies a strong “made-in-Toronto,” multi-pronged and transparent approach to increasing housing supply, housing choice and affordability for current and future residents. The Housing Action Plan aims to increase the supply of housing to achieve or exceed the provincial housing target of 285,000 new …
