Item - 2023.MM11.3

City Council on October 11 and 12, 2023, adopted the following:

1. City Council request the Deputy City Manager, Development and Growth Services to work with the Housing Secretariat and City Planning to develop a pathway to realize the redevelopment of 1117 Danforth as affordable supportive housing, including opportunities as part of the ongoing redevelopment of 1095-1111 Danforth Avenue.

2. City Council request the Deputy City Manager, Development and Growth Services to undertake a review of this partnership and development as a model that could be replicated on a City-wide basis.

3. City Council authorize the Deputy City Manager, Development and Growth Services, in consultation with the Executive Director, Housing Secretariat, to provide $500,000 in funding, inclusive of Harmonized Sales Tax and disbursements, from the Capital Revolving Reserve Fund for Affordable Housing (XR1058)  for the purpose of conducting pre-development activities related to the future redevelopment of 1117 Danforth Avenue in Ward 14, fully funded from the Section 37 (Planning Act Reserve Fund) community benefits from 462 Eastern Avenue and 176 Logan Avenue (Source Account: XR3026-3701089) subject to the transfer of the designated funds from Account XR3026-3701089 to Account XR1058.

4.  City Council increase the 2023 Operating Budget for Housing Secretariat by $500,000 gross, $0 net for affordable housing at 1117 Danforth Avenue funded from the Capital Revolving Reserve Fund for Affordable Housing (XR1058) to support pre-development activities referred to in Recommendation 1 above.

5. City Council authorize the Executive Director, Housing Secretariat to negotiate and enter into on behalf of the City, an agreement and any other documents deemed necessary, with Houselink and Mainstay Community Housing and to fund the pre-development work necessary to inform the decisions to be made with respect to the redevelopment of 1117 Danforth Avenue, on terms and conditions satisfactory to the Executive Director, Housing Secretariat, and in a form satisfactory to the City Solicitor.

6. City Council request the Deputy City Manager, Development and Growth Services to report to the Executive Committee on October 31, 2023, as part of the report back on Item EX7.2, to include an initial plan to develop net new affordable rental, rent-geared-to-income and rent-controlled market homes, in addition to replacing all existing Rent-Geared-to-Income homes, as part of the future redevelopment of 1117 Danforth Avenue.