top of page
< Back
Category:

​

Save this article  > 

Legislative Newsflash Ontario - City of Toronto Action Plan for Affordable Housing - May 2019

Author: 
​
Publication date:
May 31, 2019
Article Summary: 

The City of Toronto is working on the HousingTO action plan for affordable housing from 2020 to 2030. The plan aims to provide safe, secure, and affordable homes for all Torontonians. One aspect of the plan includes inclusionary zoning in new developments, which could require a percentage of units in new condos to be set aside for affordable housing. Concerns have been raised about the potential impact on other unit owners who may have to subsidize the maintenance fees or costs related to the affordable units, shifting a social cost onto a small number of individuals in the affected condominium corporation.

Keywords: 

City of Toronto, HousingTO, Affordable Housing, Public Consultations, Housing Action Plan, Inclusionary Zoning, New Developments, Condominium Corporations, Maintenance Fees, Social Cost, Unit Owners.




Source Citation: 
​
Legislative Newsflash Ontario - City of Toronto Action Plan for Affordable Housing - May 2019
May 31, 2019
https://cci.ca/resource-centre/view/799?words=&filter=all
Did you find this article useful? 
Your feedback is important not only to us, but to all the other key players in the condo industry.  Help us by letting us know if this article is relevant and useful.  This will help us prioritize articles that provide helpful guidance to other key players like you. 

Please login to use this feature.

bottom of page