Item - 2022.RA33.4

Tracking Status

This item was considered by CreateTO on October 13, 2022 and was adopted without amendment.

RA33.4 - Housing Now Progress Update

Decision Type:: ACTION

Status:: Adopted

Wards:: All

Board Decision

The Board of Directors of CreateTO:

1. Received the report (September 28, 2022) from the Chief Executive Officer, CreateTO for information.

Decision Advice and Other Information

The Board of Directors of CreateTO recessed its public session to meet in closed session to consider the item as it relates to negotiations carried on or to be carried on by or on behalf of the Board of Directors of CreateTO.

Origin

(September 28, 2022) Report from the Chief Executive Officer, CreateTO

Summary

The Senior Vice President, Development, CreateTO will provide a verbal update on progress that has been made on the Housing Now Initiative since the previous Board meeting. A portion of the update is confidential and will require a closed session as it relates to negotiations carried on or to be carried on by or on behalf of the Board of Directors of CreateTO.

Background Information

(September 28, 2022) Report from the Chief Executive Officer, CreateTO on Housing Now Progress Update
https://www.toronto.ca/legdocs/mmis/2022/ra/bgrd/backgroundfile-229608.pdf

Motions

1 - Motion to Meet in Closed Session moved by Ron Carinci (Carried)

10:00 a.m. - That the Board of Directors of CreateTO recess its public session to meet in closed session to consider the item as it relates to negotiations carried on or to be carried on by or on behalf of the Board of Directors of CreateTO.

2 - Motion to Adopt Item moved by Ron Carinci (Carried)