Toronto Community Housing's board of directors approved a City Council motion to rename 39 Harcourt Ave (PDF)
. after Janice Foley, a long-time resident of the building, in recognition of her service as a tenant representative and community leader.
The board also approved membership of board committees and
appointments to the boards of Toronto Community Housing subsidiaries (PDF).
As well, the board of directors discussed
ten corporate goals for 2016
focusing on four key priorities: delivering quality homes, creating vibrant communities for residents, striving for service excellence, and strengthening business foundations. These goals will be further discussed by the board at its next meeting.
Greg Spearn, President and CEO (Interim) of Toronto Community Housing updated the board on various ongoing projects including:
The board received a report confirming that all executive contracts at Toronto Community Housing are now in line with the City's compensation model and that 20-per-cent bonuses have been eliminated. Consistent with the City's model, officers and executives are now eligible to earn annual performance-based merit pay not to exceed a maximum of 4.5 per cent. As well, 2016 salaries for executives are at or below the low end of the City's salary band for comparable positions. These salaries will be released publicly prior to the annual public disclosure of Toronto Community Housing employees paid $100,000 or more.