Item - 2020.RA12.4
Tracking Status
- This item was considered by CreateTO on April 24, 2020 and was adopted without amendment.
RA12.4 - Housing Now Progress
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Board Decision
The Board of Directors of CreateTO:
1. Received the report (March 12, 2020) from the Chief Executive Officer, CreateTO for information.
Decision Advice and Other Information
The Chief Executive Officer, CreateTO and the Senior Vice President, Development, CreateTO gave an overview on Housing Now Progress.
Origin
Summary
On January 31, 2019, City Council approved a signature affordable housing initiative, "the Housing Now Initiative," to leverage City-owned land for the purpose of creating new, mixed-use, mixed-income communities. Through the initiative, 11 properties were identified for development, with the potential to create a total of 10,000 new residential units. The Housing Now initiative is coordinated through a Steering Committee composed of senior staff from the Housing Secretariat, City Planning and CreateTO. The purpose of this report is to provide a broad status update on the progress made to date by the Steering Committee on the initial 11 properties.
Background Information
https://www.toronto.ca/legdocs/mmis/2020/ra/bgrd/backgroundfile-146970.pdf
Motions
Vote (Adopt Item) Apr-24-2020
| Result: Carried | Majority Required |
|---|---|
| Total members that voted Yes: 8 | Members that voted Yes are Ana Bailão, Jane Beatty, Ron Carinci, Dino Chiesa (Chair), Paula Fletcher, Dennis Fotinos, Sandra Levy, Marcie Zajdeman |
| Total members that voted No: 0 | Members that voted No are |
| Total members that were Absent: 0 | Members that were absent are |