Item - 2018.EX36.27

Tracking Status

EX36.27 - Creating 606 Affordable and 422 Mid-Range Rental Homes in Toronto - Results of the 2018 Open Door Call for Applications

Decision Type:
ACTION
Status:
Amended
Wards:
1 - Etobicoke North, 4 - Etobicoke Centre, 11 - York South-Weston, 13 - Parkdale-High Park, 32 - Beaches-East York, 36 - Scarborough Southwest

City Council Decision

City Council on July 23, 24, 25, 26, 27 and 30, 2018, adopted the following:  

 

1.  City Council authorize the Director, Affordable Housing Office, to provide capital funding from the Development Charges Reserve Fund for Subsidized Housing (XR2116), in the amounts and for the projects described in Chart A in the Financial Impact section of the report (June 11, 2018) from the Director, Affordable Housing Office and in an amount not to exceed $9,941,566, to facilitate the creation of 606 affordable rental homes through the Open Door Program.

 

2.  City Council authorize that the projects described in Chart A in the Financial Impact section of the report (June 11, 2018) from the Director, Affordable Housing Office be exempt from the payment of development charges, building, planning and parkland dedication fees.

 

3.  City Council authorize an exemption from taxation for municipal and school purposes for the projects and for the periods of time described in Chart A in the Financial Impact section and Appendix 1 to the report (June 11, 2018) from the Director, Affordable Housing Office.

 

4.  City Council authorize City staff to cancel or refund any taxes paid after the effective date of the Municipal Capital Facility Agreement, the City's "Contribution Agreement".

 

5.  City Council authorize the Director, Affordable Housing Office, to negotiate and enter into, on behalf of the City, a municipal housing facility agreement, for the developers of the projects described in Chart A in the Financial Impact section of the report (June 11, 2018) from the Director, Affordable Housing Office, or related corporations, to secure the financial assistance and to set out the terms of the development and operation of the new affordable rental housing, on terms and conditions satisfactory to the Director, Affordable Housing Office, in consultation with the Chief Financial Officer and the General Manager, Shelter, Support and Housing Administration, in a form approved by the City Solicitor.

 

6.  City Council authorize the City Solicitor to execute, on behalf of the City, any security or financing documents or any other documents required to facilitate the funding process, including any documents required by the developers of the projects described in Chart A in the Financial Impact section of the report (June 11, 2018) from the Director, Affordable Housing Office, or their related corporations to complete construction and conventional financing, where required.

 

7.  City Council authorize the Director, Affordable Housing Office, to advance funds to rebate the development charges levied under the City's Development Charges By-law, with respect to the mid-range rental units set out in Chart C in the Financial Impact section of the report (June 11, 2018) from the Director, Affordable Housing Office, subject to the Province's approval of the City's Take-Up Plan, submitted under the Provincial Development Charges Rebate Program, and the receipt of requested funds from the Province.

 

8.  City Council authorize the Director, Affordable Housing Office to negotiate and enter into, on behalf of the City, agreements with the developers of the projects described in Chart C in the Financial Impact section of the report (June 11, 2018) from the Director, Affordable Housing Office to secure the rental tenure of the  mid-range rental units receiving the Provincial Development Charges Rebate, on terms and conditions satisfactory to the Director, Affordable Housing Office, in consultation with the Chief Financial Officer and General Manager, Shelter, Support and Housing Administration, in a form approved by the City Solicitor.

 

9.  City Council authorize the City Solicitor to introduce such project specific Bills, in order to secure rental tenure, to City Council for enactment or to execute, on behalf of the City, any security or financing documents or any other documents required to facilitate the developments or the financing of the developments listed in Chart C in the Financial Impact section of the report (June 11, 2018) from the Director, Affordable Housing Office.

 

10.  City Council authorize the City Solicitor to execute, postpone, confirm the status of, and discharge any City security documents registered as required by normal business practices.

 

11.  City Council authorize the General Manager, Shelter, Support and Housing Administration to make necessary future budget adjustments to accommodate the cash flow for the funds approved in the report (June 11, 2018) from the Director, Affordable Housing Office from the Development Charges Reserve Fund for Subsidized Housing.

 

12.  City Council request the Director, Affordable Housing Office to advise the recommended applicants for Open Door Program incentives that their Open Door Program approvals do not constitute the approval of the project for planning purposes, and that the Director, Affordable Housing Office, be authorized, upon the project receiving final planning approval, to adjust the financial and funding incentives approved through the Open Door Program to reflect the results of the planning process.
 

13.  City Council request the Director, Affordable Housing Office to make adjustments to the Open Door Program criteria in 2019 to provide recognition of the importance of non-profit and co-operative rental housing providers and public housing.

 

14.  City Council request the Director, Affordable Housing to support the non-profit and co-operative housing sectors in their participation in the new National Housing Co-Investment Fund, including confirming availability of waivers for Planning Application Fees and Development Charges, as well as liaising with Canada Mortgage and Housing Corporation to facilitate the approval of new affordable housing projects proposed by these sectors.

  

15.  City Council request the Director, Affordable Housing to consult with the non-profit and co-operative housing sectors in the development of the City's new 10 year Housing Opportunities Toronto Action Plan 2020-2030, and report in 2019 on actions to improve non-profit and co-operative development capacity and scale up the development of new housing by these sectors.

 

16.  City Council direct the Director, Affordable Housing Office and the Chief Planner and Executive Director, City Planning to consult with the Weston Village Residents' Association on the proposed development at 2346 Weston Road, particularly with regard to the concerns set out in the communication (June 18, 2018) addressed to Carlos Jardino, and to address the Residents' Association's concerns and incorporate the Association's recommendations, where possible, into the approval of the development.

 

17.  City Council request the City Manager to:

 

a. conduct a value-for-money analysis of the 2018 Open Door Program; and

 

b. review the definition of affordability under the Official Plan.

Background Information (Committee)

(June 25, 2018) Letter from the Affordable Housing Committee on Creating 606 Affordable and 422 Mid-Range Rental Homes in Toronto - Results of the 2018 Open Door Call for Applications
https://www.toronto.ca/legdocs/mmis/2018/ex/bgrd/backgroundfile-118020.pdf
(June 11, 2018) Report and Appendix 1 from the Director, Affordable Housing Office - Creating 606 Affordable and 422 Mid-Range Rental Homes in Toronto - Results of the 2018 Open Door Call for Applications
https://www.toronto.ca/legdocs/mmis/2018/ex/bgrd/backgroundfile-118021.pdf

Motions (City Council)

1 - Motion to Amend Item (Additional) moved by Councillor Josh Matlow (Carried)

That City Council request the City Manager to:

 

a. conduct a value-for-money analysis of the 2018 Open Door Program; and

 

b. review the definition of affordability under the Official Plan.


Motion to Adopt Item as Amended (Carried)

Vote (Adopt Item as Amended) Jul-23-2018 5:58 PM

Result: Carried Majority Required - EX36.27 - Adopt the item as amended
Total members that voted Yes: 35 Members that voted Yes are Paul Ainslie, Maria Augimeri, Ana Bail„o, John Campbell, Josh Colle, Gary Crawford, Joe Cressy, Vincent Crisanti, Janet Davis, Glenn De Baeremaeker, Justin J. Di Ciano, Frank Di Giorgio, Sarah Doucette, Michael Ford, Mark Grimes, Jim Hart, Stephen Holyday, Jim Karygiannis, Norman Kelly, Mike Layton, Mary-Margaret McMahon, Miganoush Megardichian, Joe Mihevc, Frances Nunziata (Chair), Cesar Palacio, James Pasternak, Anthony Perruzza, Jaye Robinson, Neethan Shan, David Shiner, Michael Thompson, John Tory, Lucy Troisi, Jonathan Tsao, Kristyn Wong-Tam
Total members that voted No: 3 Members that voted No are Giorgio Mammoliti, Josh Matlow, Gord Perks
Total members that were Absent: 7 Members that were absent are Jon Burnside, Christin Carmichael Greb, John Filion, Paula Fletcher, Mary Fragedakis, Michelle Holland, Denzil Minnan-Wong

EX36.27 - Creating 606 Affordable and 422 Mid-Range Rental Homes in Toronto - Results of the 2018 Open Door Call for Applications

Decision Type:
ACTION
Status:
Amended
Wards:
1 - Etobicoke North, 4 - Etobicoke Centre, 11 - York South-Weston, 13 - Parkdale-High Park, 32 - Beaches-East York, 36 - Scarborough Southwest

Committee Recommendations

The Executive Committee recommends that:  

 

1.  City Council authorize the Director, Affordable Housing Office, to provide capital funding from the Development Charges Reserve Fund for Subsidized Housing (XR2116), in the amounts and for the projects described in Chart A in the Financial Impact section of the report (June 11, 2018) from the Director, Affordable Housing Office and in an amount not to exceed $9,941,566, to facilitate the creation of 606 affordable rental homes through the Open Door Program.

 

2.  City Council authorize that the projects described in Chart A in the Financial Impact section of the report (June 11, 2018) from the Director, Affordable Housing Office be exempt from the payment of development charges, building, planning and parkland dedication fees.

 

3.  City Council authorize an exemption from taxation for municipal and school purposes for the projects and for the periods of time described in Chart A in the Financial Impact section and Appendix 1 to the report (June 11, 2018) from the Director, Affordable Housing Office.

 

4.  City Council authorize City staff to cancel or refund any taxes paid after the effective date of the Municipal Capital Facility Agreement, the City's "Contribution Agreement".

 

5.  City Council authorize the Director, Affordable Housing Office, to negotiate and enter into, on behalf of the City, a municipal housing facility agreement, for the developers of the projects described in Chart A in the Financial Impact section of the report (June 11, 2018) from the Director, Affordable Housing Office, or related corporations, to secure the financial assistance and to set out the terms of the development and operation of the new affordable rental housing, on terms and conditions satisfactory to the Director, Affordable Housing Office, in consultation with the Chief Financial Officer and the General Manager, Shelter, Support and Housing Administration, in a form approved by the City Solicitor.

 

6.  City Council authorize the City Solicitor to execute, on behalf of the City, any security or financing documents or any other documents required to facilitate the funding process, including any documents required by the developers of the projects described in Chart A in the Financial Impact section of the report (June 11, 2018) from the Director, Affordable Housing Office, or their related corporations to complete construction and conventional financing, where required.

 

7.  City Council authorize the Director, Affordable Housing Office, to advance funds to rebate the development charges levied under the City's Development Charges By-law, with respect to the mid-range rental units set out in Chart C in the Financial Impact section of the report (June 11, 2018) from the Director, Affordable Housing Office, subject to the Province's approval of the City's Take-Up Plan, submitted under the Provincial Development Charges Rebate Program, and the receipt of requested funds from the Province.

 

8.  City Council authorize the Director, Affordable Housing Office to negotiate and enter into, on behalf of the City, agreements with the developers of the projects described in Chart C in the Financial Impact section of the report (June 11, 2018) from the Director, Affordable Housing Office to secure the rental tenure of the  mid-range rental units receiving the Provincial Development Charges Rebate, on terms and conditions satisfactory to the Director, Affordable Housing Office, in consultation with the Chief Financial Officer and General Manager, Shelter, Support and Housing Administration, in a form approved by the City Solicitor.

 

9.  City Council authorize the City Solicitor to introduce such project specific Bills, in order to secure rental tenure, to City Council for enactment or to execute, on behalf of the City, any security or financing documents or any other documents required to facilitate the developments or the financing of the developments listed in Chart C in the Financial Impact section of the report (June 11, 2018) from the Director, Affordable Housing Office.

 

10.  City Council authorize the City Solicitor to execute, postpone, confirm the status of, and discharge any City security documents registered as required by normal business practices.

 

11.  City Council authorize the General Manager, Shelter, Support and Housing Administration to make necessary future budget adjustments to accommodate the cash flow for the funds approved in the report (June 11, 2018) from the Director, Affordable Housing Office from the Development Charges Reserve Fund for Subsidized Housing.

 

12.  City Council request the Director, Affordable Housing Office to advise the recommended applicants for Open Door Program incentives that their Open Door Program approvals do not constitute the approval of the project for planning purposes, and that the Director, Affordable Housing Office, be authorized, upon the project receiving final planning approval, to adjust the financial and funding incentives approved through the Open Door Program to reflect the results of the planning process.
 

13.  City Council request the Director, Affordable Housing Office to make adjustments to the Open Door Program criteria in 2019 to provide recognition of the importance of non-profit and co-operative rental housing providers and public housing.

 

14.  City Council request the Director, Affordable Housing to support the non-profit and co-operative housing sectors in their participation in the new National Housing Co-Investment Fund, including confirming availability of waivers for Planning Application Fees and Development Charges, as well as liaising with Canada Mortgage and Housing Corporation to facilitate the approval of new affordable housing projects proposed by these sectors.

  

15.  City Council request the Director, Affordable Housing to consult with the non-profit and co-operative housing sectors in the development of the City's new 10 year Housing Opportunities Toronto Action Plan 2020-2030, and report in 2019 on actions to improve non-profit and co-operative development capacity and scale up the development of new housing by these sectors.

 

16.  City Council direct the Director, Affordable Housing Office and the Chief Planner and Executive Director, City Planning to consult with the Weston Village Residents' Association on the proposed development at 2346 Weston Road, particularly with regard to the concerns set out in the communication (June 18, 2018) addressed to Carlos Jardino, and to address the Residents' Association's concerns and incorporate the Association's recommendations, where possible, into the approval of the development.

Origin

(June 25, 2018) Letter from the Affordable Housing Committee

Summary

This report outlines the results of the 2018 Open Door Program Call for Affordable Rental Housing Applications and recommends eight development proposals for Council approval, representing 606 affordable homes across the City. Three of these proposals include 422 mid-range rental homes that are recommended for the Provincial Development Charges Rebate program.

 

The report also recommends that authority be granted to Director of the Affordable Housing Office to enter into the necessary agreements to fund and secure the construction and operation of these affordable and mid-range rental housing developments.

 

The Open Door Program is a five-year initiative approved by City Council in July 2016. The program is designed to scale up City efforts to achieve Toronto's targets of approving 5,000 affordable rental and 2,000 affordable ownership homes for low- and moderate-income residents by 2020.

 

With the approval of the affordable homes recommended in this report and other Open Door Program approvals in 2018, the City is on track to achieve its annual target of approving 1,000 affordable rental homes this year.

 

The recommended development projects represent the results of a competitive Call for Applications which was issued on January 17, 2018 and closed on March 22, 2018.  These applications were reviewed by an interdivisional committee of staff from the Affordable Housing Office, City Planning, City Legal, Shelter Support and Housing Administration, and Corporate Finance.

Background Information

(June 25, 2018) Letter from the Affordable Housing Committee on Creating 606 Affordable and 422 Mid-Range Rental Homes in Toronto - Results of the 2018 Open Door Call for Applications
https://www.toronto.ca/legdocs/mmis/2018/ex/bgrd/backgroundfile-118020.pdf
(June 11, 2018) Report and Appendix 1 from the Director, Affordable Housing Office - Creating 606 Affordable and 422 Mid-Range Rental Homes in Toronto - Results of the 2018 Open Door Call for Applications
https://www.toronto.ca/legdocs/mmis/2018/ex/bgrd/backgroundfile-118021.pdf

Speakers

Councillor Frances Nunziata

Motions

1 - Motion to Amend Item (Additional) moved by Councillor Ana Bail„o (Carried)

That City Council direct the Director, Affordable Housing Office and the Chief Planner and Executive Director, City Planning to consult with the Weston Village Residents' Association on the proposed development at 2346 Weston Road, particularly with regard to the concerns set out in the communication (June 18, 2018) addressed to Carlos Jardino, and to address Residents' Association's concerns and incorporate the Association's recommendations, where possible, into the approval of the development.


2 - Motion to Adopt Item as Amended moved by Mayor John Tory (Carried)
Source: Toronto City Clerk at www.toronto.ca/council