Toronto's new by-law for apartment buildings.
Supporting the long-term financial viability of HSA housing co-ops and non-profit housing providers by redirecting negative operating subsidies to capital repair reserves.
Directing any revenue potentially generated from an intervention in the Toronto housing market to affordable housing (for example if there is a vacancy tax).
Supporting the long-term financial viability of HSA housing co-ops and non-profit housing providers by replacing the current provincial funding formula with rent supplements and property tax subsidy for household on assistance at end of mortgage.
Ensuring the amendments to the Official Plan to update definitions of affordable rental housing does not negatively impact new affordable co-op housing development through programs like Housing Now and Open Doors as per PH28.4.3
Ensure that the Service and Exit Agreements offered to HSA housing co-operative supports the long-term success of these communities.
Encourage the City to introduce a property tax exemption for non-profit and co-operative housing providers that is inclusive of all non-profit housing co-operatives. Work with the City to identify solutions for households receiving Ontario Trillium Benefit
Encouraging the City to take actions to support the development of permanently affordable non-profit housing co-ops by expanding existing affordable housing development programs and making it easier to build affordable housing in the City.