Deferral by City Executive Committee of the City Report on Toronto Community Housing�s State of Good Repair Plan

Deferral by City Executive Committee of the City Report on Toronto Community Housing�s State of Good Repair Plan

January 24, 2012

Toronto Community Housing will continue working with the City of Toronto to move our State of Good Repair Plan forward for the benefit of our 164,000 tenants.

We welcome this timely public debate about our capital repair challenges. �Too many of our tenants are living in substandard housing, and City Council needs to decide how it is going to raise the money to fix our buildings and deliver better housing for all tenants.

We believe our plan will provide the greatest good for the greatest number of people. It is the best option we have for raising the money we need to improve our housing and start to pay down a $650-million repair bill, at no extra cost to taxpayers.�

Doing nothing is not an option. �Without new money for repairs, many of our multi-residential buildings will soon become unfit to live in.

Our plan will treat affected tenants fairly. No one will move until we�ve found another suitable unit that meets their needs. The number of rent-geared-to-income units will remain the same. �

Read more about our capital repair challenges and State of Good Repair Plan on our website at http://www.torontohousing.ca/state_good_repair.

Media Contact: Jeffrey Ferrier, 416-981-4252, jeffrey.ferrier@torontohousing.ca. �

Councillors/Stakeholders:� Hugh Lawson, 416-981-4216, hugh.lawson@torontohousing.ca. ��