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 …

Toronto approves housing pledge to facilitate 285,000 new homes by 2031

eAwazLocal News

Toronto – Toronto City Council adopted a housing pledge to achieve or exceed the provincial housing target of 285,000 new Toronto homes by 2031. This target represents an ambitious goal and is a call to action for the City of Toronto, other orders of government and stakeholders to accelerate timelines and get housing built.  The Council-adopted staff report outlines the …