Toronto's Housing Advocate, Councillor Ana Bailão Applauds Ontario's Investment of $500 Million to Retrofit Social Housing Buildings

For Immediate Release

May 25, 2016

Toronto's Housing Advocate, Councillor Ana Bailão Applauds
Ontario's Investment of $500 Million to Retrofit Social Housing Buildings

"As Toronto's Housing Advocate, I applaud the Province of Ontario's investment of $500 million over four years in energy retrofits for social housing buildings.

This substantial investment through Ontario's Climate Change Action Plan addresses two key City priorities: affordable housing and climate change. It also builds on Ontario's recent investment of $92 million to retrofit social housing through the Green Investment Fund, of which Toronto has received approximately $43 million.

Our social housing providers face significant capital repair backlogs that have social, economic, and also environmental impacts. The reality is that the majority of Toronto's social housing stock is over 50 years old, built at a time and with materials that do not reflect today's energy efficiency standards. For instance, Toronto Community Housing has seen its utility costs increase by 37 per cent in just the last 5 years, creating an enormous pressure on its operating budget.

This investment from the Province will help to address these issues and builds on the work that the City has been doing to improve the quality of life of our social housing residents and in accelerating energy retrofits. It will improve Toronto's affordable housing stock, reduce carbon emissions for the City, lower utility costs for social housing providers, and create good jobs in the process.

I look forward to the details of this investment, including the amount that Toronto social housing providers will be able to receive. I am eager to continue to work with the Province to tackle these challenges and to ensure that we have a healthier and more vibrant Toronto and Ontario."

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For more information on the program, please see the Ministry of Municipal Affairs & Housing's News Release:

https://news.ontario.ca/mah/en/2016/05/ontario-investing-up-to-900m-in-energy-retrofits-for-social-housing-private-residential-apartment-bu.html?_ga=1.245247493.1480785926.1464112130

Media Contact:

Robert Cerjanec, Executive Assistant to Councillor Ana Bailão

416-338-5274, rcerjan@toronto.ca

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