State of Good Repair

 
 

 

Over the past 10 years, Toronto Community Housing has struggled to find a stable, sustainable source of the capital funds it needs to maintain its housing in good repair. Today, our buildings have a $751-million repair bill.

Too many Toronto Community Housing tenants live in buildings that are falling apart because we can’t afford to fix them. To help them, we propose to sell 675 stand-alone properties and use the estimated $222 million raised by the sales to pay for much-needed repairs to buildings throughout the city foer the benefit of all 164,000 tenants.

The result for tenants? Better quality housing, and a better quality of life. Toronto Community Housing will treat affected tenants fairly, No one will have to move until another suitable unit is found.

Sales proceeds will be used strictly to pay for capital repairs A new State of Good Repair Fund will track, in an open and transparent way, how we are using these dollars to benefit tenants and taxpayers.

Read more about our plan: