Toronto – The City of Toronto released its 2023-2024 annual report outlining the significant progress made on the HousingTO 2020-2030 Action Plan (HousingTO Plan) and 2022-2026 Housing Action Plan. The report also highlights areas where progress has stalled, pointing to action the City is taking within its jurisdiction and financial means, and emphasizing the need for significant new investments from …
Strengthening community housing sector, building more rental homes
Toronto – Toronto City Council has approved recommendations in staff reports that will improve housing stability for Toronto’s renters by protecting them against renovictions; help the non-profit, co-operative and Indigenous housing sector acquire and build more rental homes; and increase their capacity to maintain and manage their housing stock. Rental Housing Supply Program The Rental Housing Supply Program proposes a …
Toronto report proposes measures to boost rental housing supply
Toronto – The report “Launching the Rental Housing Supply Program” responds to Toronto City Council’s commitment to support 65,000 rent-controlled homes by 2030. To this end, City Council requested staff to review and recommend revisions to the existing Open Door Affordable Rental Housing program (Open Door program), which was launched in 2016 and has so far supported the approval of …