Toronto – The City of Toronto released its HousingTO 2022-2023 Update report highlighting progress made toward implementing the 10-Year HousingTO 2020-2030 Action Plan (HousingTO Plan). The report focuses on the progress made across the HousingTO Plan’s key strategic priorities: Advancing a human rights-based approach to housing Increasing the supply of affordable and supportive homes Protecting the existing supply of homes …
Toronto awards $21.5m in Multi-Unit Residential Acquisition program
Toronto – The City of Toronto has awarded $21.5 million in Multi-Unit Residential Acquisition (MURA) program funding to five non-profit housing agencies. The funding will enable the purchase and conversion of approximately 121 private market rental housing units to permanently affordable rental homes. By working with non-profit agencies to purchase market rental buildings through the MURA program, the City can …
Multi-Unit Residential Acquisition program to protect affordable rental housing
Toronto – The City of Toronto launched its second annual request for proposals (RFP) for the Multi-Unit Residential Acquisition (MURA) program to protect affordable rental housing for Toronto residents. This RFP provides $21.5 million in City funding and incentives to qualified non-profit housing providers, including Indigenous housing providers, cooperatives and community land trusts. Over the past year, the MURA program …