Toronto takes action to protect renters

eAwazLocal News

Toronto – In response to the ongoing housing crisis in the city, Toronto City Council has approved three new staff-recommended initiatives – including Purpose-built Rental Housing Incentives and the Rental Renovation Licence Bylaw – to help increase housing supply, housing choices and affordability for current and future residents.   Torontonians continue to grapple with the rising cost of housing made worse …

Toronto gets $114m from Ontario for exceeding housing targets

eAwazLocal News

Toronto – The Government of Ontario committed to providing the City of Toronto with $114 million in funding through its Building Faster Fund in response to action taken by the City and to support future home building targets set in the HousingTO 2020-2030 Action Plan and Housing Action Plan. The Building Faster Fund is a $1.2 billion program spanning over …