Item - 2020.PH15.8

The Planning and Housing Committee recommends that:  

1. City Council consent to the transfer of 123 Coxwell Avenue, from Accommodation, Information, and Support to WoodGreen Community Housing Inc. provided WoodGreen Community Housing Inc. assumes the obligations of Accommodation, Information, and Support under the social housing agreement with the City by way of an assignment and assumption agreement; and

2. City Council authorize the General Manager, Shelter, Support and Housing Administration, to execute and deliver such agreements, notices and consents required to accomplish the foregoing recommendation on terms and conditions satisfactory to the General Manager and in a form satisfactory to the City Solicitor.

The City of Toronto and Accommodation, Information and Support ("AIS"), a non-profit housing organization, entered into a social housing agreement in 1994 for the development and operation of 13 dwelling units at 123 Coxwell Avenue. The agreement is governed under section 453.1 of the City of Toronto Act, 2006 and its predecessor City of Toronto Act, 1988, both of which require that any transfer of the property requires the consent of the Toronto City Council.

AIS concluded a voluntary integration with another affordable housing organization, WoodGreen Community Housing Inc. ("WoodGreen"), on April 1, 2020, which includes the transfer of all assets. WoodGreen has assumed all agreements necessary to facilitate the integration, with the exception of the social housing agreement for 123 Coxwell Avenue. Under the terms of the social housing agreement with the City, the transfer of these units from AIS to WoodGreen requires City Council approval.

Accordingly, this report recommends City Council consent to the transfer of the social housing units at 123 Coxwell Avenue from AIS to WoodGreen, and for WoodGreen to assume the obligations of AIS under the social housing agreement, as part of the voluntary integration of the two affordable housing organizations.