Toronto's Housing Advocate Welcomes a New Relationship on Housing with the Federal Government

For Immediate Release

March 22, 2016

Toronto's Housing Advocate Welcomes a New Relationship on Housing with the Federal Government

Today, the federal Liberal government has stepped up and responded to the City’s calls for immediate funding for social housing repairs, new affordable housing, and the development of a national housing strategy. Toronto welcomes the dawning of a new relationship with the federal government and is pleased that federal infrastructure funding will for the first time be used for social housing repairs.

"I am pleased that the federal government is investing in social and affordable housing and that Toronto has a renewed federal partner as a strong housing champion”, said Toronto's Housing Advocate, Councillor Ana Bailão. "The federal budget provides the opportunity to fund social housing repairs, build new affordable rental and ownership housing, and restores the social mandate of CHMC – improving the living conditions of thousands of Torontonians."

The City has fully funded its one-third share of Toronto Community Housing's $2.6 billion 10-year capital plan, which was developed to address their repair and maintenance backlog. Toronto has repeatedly called for the federal and provincial governments to each fund an equal one-third share through the Close the Housing Gap Campaign, the Big City Mayors Caucus, and through its participation in the Federation of Canadian Municipalities.

"I am pleased that the federal government has recognized that investing in social housing repairs is not only the right thing to do, but the smart thing to do.", remarked Councillor Bailão. "These investments will help create thousands of jobs, provide much needed economic stimulus, increase tax revenues, reduce health care costs, and decrease greenhouse gas emissions."

"I also applaud the federal government’s vision in committing to developing a national housing strategy. Toronto is poised to be a national leader in these conversations and is committed to providing concrete and transformative proposals to address the housing needs of residents across the full housing spectrum”, said Councillor Bailão. "I look forward to deepening our work with our federal and provincial partners to build on today’s federal budget and to continue to highlight how investments in affordable housing and people are good for both our economy and our society as a whole."

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Media Contact:

Robert Cerjanec, Executive Assistant to Councillor Ana Bailão

416-338-5274, rcerjan@toronto.ca

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