While the federal government is proposing to pump more than $2 billion into needed social housing across Canada, the cost of repairs to Ontario's housing alone is estimated at about $1.2 billion, according to Derek Ballantyne, CEO of Toronto Community Housing.
January 9, 2009 2009 Federal Budget SubmissionToronto Community Housing joins other partners to strongly support new federal investments in social housing with three specific recommendations for the 2009 federal budget: invest in social housing energy retrofits and repairs, increase the availability of low-cost loans for social housing providers, and invest in construction of new affordable housing.
The revitalization of Regent Park is on track, with the first group of tenants scheduled to move into new homes in Spring 2009.
December 18, 2008 Regent Park Revitalization on trackThe revitalization of Regent Park is on track, with the first group of tenants scheduled to move into new homes in Spring 2009.
December 2, 2008 Toronto Community Housing has solid plan to repair housingToronto Community Housing has laid out its 10-year plan to repair and sustain its housing portfolio with the release today of a comprehensive Real Estate Asset Investment Strategy.