Item - 2023.RA5.5
Tracking Status
- This item was considered by CreateTO on June 20, 2023 and was adopted without amendment.
RA5.5 - Potential Additional Land for Affordable Housing on the Waterfront
- Decision Type:
- ACTION
- Status:
- Adopted
- Wards:
- All
Board Decision
The Board of Directors CreateTO:
1. Requested the Chief Executive Officer, CreateTO to have discussions with the Chief Executive Officer, Waterfront Toronto to determine if any options exist to increase affordable housing in Keating North.
Origin
Summary
Last night Waterfront Toronto has a very well attended meeting regarding Affordable Housing on the Portlands and the city’s new goal of 30%.
There was overwhelming support for the goal of a minimum of 30% affordable housing in this new neighbourhood, with most residents wanting the percentage increased. There was a discussion of a potential number of acres available for affordable housing on the north side of the Keating Channel.
There is an existing precinct plan for Keating and the city does own a number of acres on the north side of the channel.
Given the interest in affordable housing it would be helpful if our CEO could have a discussion with WaterfronToronto CEO to determine if any options exist to increase affordable housing in Keating North.
Background Information
https://www.toronto.ca/legdocs/mmis/2023/ra/bgrd/backgroundfile-237561.pdf