Toronto – Toronto City Council considered the 2024 rate and tax-supported operating and capital budgets proposed by Mayor Olivia Chow. The 2024 Budget protects core services and funds affordable housing, transit and community safety initiatives. Mayor Chow has issued a Mayoral Decision indicating she will not exercise her veto and has shortened the 10-day period for the Mayor to veto …
Toronto requests $21.5m for Multi-Unit Residential Acquisition program
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 …