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Posts Tagged ‘Developers’

The City of Toronto’s Affordable Housing Office has been involved in various housing initiatives to make life easier for renters in the GTA with low or modest incomes .  The initiatives include various strategies that would increase the supply of affordable rental housing and also provide opportunities for low-income renters to purchase a home.  Here are some examples of the City’s affordable housing initiatives:

1. Rental Housing
The City of Toronto’s Affordable Housing Office has a project in place to increase the number of affordable rental units available to renters with modest incomes. This ‘affordable rental housing’ project consists of 35 rental buildings under development and as of September 2008 a total 6 were completed.  You can view a list of the ongoing building and (more…)

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We have less than 2 weeks remaining before the federal election on October 14, 2008.  Many tenants in Beaches-East York are struggling to make ends meet due to rising unemployment and underemployment. We are about to experience a huge leap in our overall cost of living due to the downturn in the global economy. This means many tenants will find it even harder to pay market rents as the present economic crisis deepens. So why isn’t the issue of ‘affordable housing’ addressed by the candidates? Is it because ‘tenants are invisible’?

 

A closer look at the housing system put in place by the federal government provides clues as to why the tenant population has become invisible. Several decades ago the federal government put in place a housing program that distanced them from the thorny issue of ‘affordable housing’ for renters. The program focused more on the private market and the ownership sector. The responsibility for the rental market sector was downloaded to the provincial and municipal governments but that responsibility is (more…)

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