Our subsidiaries

Below is a list of Toronto Community Housing's subsidiaries:

On this page

    Development subsidiaries

    Regent Park Development Corporation (RPDC)

    Description -Oversees the redevelopment of Regent Park. Meets on an annual basis to approve financial statements (there is little or no operational activity in this entity.

    Due to the COVID-19 pandemic, the last board meeting was held virtually on June 30, 2022, and started at 4:30 p.m.

    Current directors:
    •Brian Smith
    •Jag Sharma
    •Lily Chen

    Current officers:
    •Brian Smith - Chair
    •Peter Zimmerman - General Manager
    •Lily Chen - Treasurer 
    •Jessica Hawes- Secretary

     

    Railway Lands Development Corporation (RLDC)

    Description - Oversees the redevelopment of Railway Lands (Blocks 32 and 36). Meets on an annual basis to approve financial statements (there is little or no operational activity in this entity).

    Due to the COVID-19 pandemic, the last board meeting was held virtually on July 13, 2022, and started at 8:45 a.m.

    Current directors:

    • Nick Macrae
    • Jag Sharma
    • Lily Chen

    Current officers:

    • Nick Macrae - Chair
    • Jag Sharma - General Manager
    • Lily Chen - Treasurer
    • Jessica Hawes - Secretary

    Alexandra Park Development Corporation (APDC)

    Description - Oversees the redevelopment of Alexandra Park, including the demolition and replacement of 333 Atkinson Co operative/Toronto Community Housing units, refurbishment of 473 Toronto Community Housing units and development of 1,540 market units. Meets on an annual basis to approve financial statements (there is little or no operational activity in this entity).

    Due to the COVID-19 pandemic, the last board meeting was held virtually on July 13, 2022, and started at 8:00 a.m.

    Current directors:

    • Nick Macrae
    • Jag Sharma
    • Lily Chen

    Current officers:

    • Nick Macrae - Chair
    • Jag Sharma - General Manager
    • Lily Chen - Treasurer
    • Jessica Hawes - Secretary

    Allenbury Gardens Development Corporation (AGDC)

    Description - Oversees the redevelopment of Allenbury Gardens, including the demolition and replacement of 127 Toronto Community Housing units and development of up to 979 market units. Meets on an annual basis to approve financial statements (there is little or no operational activity in this entity).

    Due to the COVID-19 pandemic, the last board meeting was held virtually on July 13, 2022, and started at 8:15 a.m.

    Current directors:

    • Nick Macrae
    • Jag Sharma
    • Lily Chen

    Current officers:

    • Nick Macrae - Chair
    • Jag Sharma - General Manager
    • Lily Chen - Treasurer
    • Jessica Hawes - Secretary

    Leslie Nymark Development Corporation (LNDC)

    Description - Oversees the redevelopment of Leslie Nymark. Meets on an annual basis to approve financial statements (there is little or no operational activity in this entity)

    Due to the COVID-19 pandemic, the last board meeting was held virtually on July 13, 2022, and started at 8:30 a.m.

    Current directors:

    • Nick Macrae
    • Jag Sharma
    • Lily Chen

    Current officers:

    • Nick Macrae - Chair
    • Jag Sharma - General Manager
    • Lily Chen - Treasurer
    • Jessica Hawes- Secretary

    Non-development subsidiaries

    Access Housing Connections Inc. (AHCI)

    Description - This entity is undergoing a wind-up process and is likely to be dissolved in 2018. There will be one or two more meetings for this entity to oversee the wind-up and dissolution process.

    Due to the COVID-19 pandemic, the last board meeting was held virtually on June 30, 2022, and started at 11:00 a.m

    Current directors:.

    • John Campbell
    • Jag Sharma
    • Lily Chen

    Current Officers:

    • John Campbell - Chair
    • Jag Sharma - General Manager

    2001064 Ontario Inc.

    Description - This is a nominee entity created to act as trustee to hold legal title to the commercial portion of a commercial/residential complex at 112 Elizabeth Street. There are commercial leases in place at 112 Elizabeth Street. The residential portion of the property is owned by Toronto Community Housing (111 Chestnut). Maintaining a separate entity allows for a more efficient sale if Toronto Community Housing were to sell the commercial portion in the future and permits separate independent transfers and mortgages. Meets on an annual basis to approve financial statements (there is little or no operational activity in this entity).

    Due to the COVID-19 pandemic, the last board meeting was held virtually on July 13, 2022, and started at 9:00 a.m.

    Current directors:

    • Nick Macrae
    • Jag Sharma
    • Lily Chen

    Current officers:

    • Nick Macrae - Chair
    • Jag Sharma - General Manager
    • Lil Chen - Treasurer
    • Jessica Hawes - Secretary

    Toronto Affordable Housing Fund (TAHF)

    Description - This is a non-share capital subsidiary where Toronto Community Housing is the sole member. This entity administers home-ownership loans on behalf of the City, Canada Mortgage Housing Corporation, and Toronto Community Housing. This entity manages second mortgages to qualified purchasers, and other related matters with respect to the implementation of City of Toronto's affordable ownership program. Meets on an annual basis to approve financial statements (there is little or no operational activity in this entity).

    Due to the COVID-19 pandemic, the last board meeting was held virtually on June 30, 2022, and started at 11:30 a.m.

    Current directors:

    • John Campbell
    • Jag Sharma
    • Lily Chen

    Current officers:

    • John Campbell - Chair
    • Jag Sharma - President & Secretary
    • Lily Chen - Chief Financial Officer & Treasurer

    Toronto Community Housing Enterprises Inc. (TCHEI)

    Description - This is a holding company for Regent Park Energy Inc. Meets on an annual basis to approve financial statements (there is little or no operational activity in this entity).

    Due to the COVID-19 pandemic, the last board meeting was held virtually on September 9, 2022, and started at 11:00 a.m.

    Current directors:

    • Adele Imrie
    • Jag Sharma
    • Lily Chen

    Current officers:

    • Adele Imrie - Chair
    • Jag Sharma - President Lily Chen - Treasurer
    • Nadia Gouveia - Secretary

    Regent Park Energy Inc. (RPEI)

    Description - This entity was created to manage the district energy system at Regent Park. RPEI is fully owned by TCHEI. Meets on a quarterly basis (there is ongoing operational activities in this entity).

    Due to the COVID-19 pandemic, the last board meeting was held virtually on November 3, 2022, and started at 8:00 a.m.

    Current directors:

    • Adele Imrie
    • Jag Sharma
    • Lily Chen

    Current officers:

    • Adele Imrie - Chair
    • Jag Sharma - General Manager
    • Lily Chen - Treasurer
    • Allen Murray - Secretary