Housing: News from City Council

As most Torontonians will tell you, Toronto is a world class city and a great place to live. As our city continues to grow and attract new residents based on this reputation, it is important that we also take a close look at our housing needs.

At City Council last week, City Staff presented on the Housing Now initiative – a plan to address issues around affordable housing. As we know, Toronto's continued growth will place an increasing pressure on existing affordable housing. This plan, with the support of council, will unlock 11 City-owned properties to create 3,700 new affordable housing units by 2024. City Council approval is the first of many steps in this process, and residents will be consulted as planning on this project continues.