Toronto – Halfway point of the declaration period, Toronto has received 674,937 declarations – representing more than 80 per cent of all residential properties. The City of Toronto is reminding residential property owners that they must submit their 2024 Vacant Home Tax (VHT) declaration by Wednesday, April 30. The VHT program is a crucial part of the City’s efforts to encourage …
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 – 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 …
