Item - 2025.RA18.4

Tracking Status

This item was considered by CreateTO on April 22, 2025 and was adopted without amendment.

RA18.4 - Housing Progress Update

Decision Type:: ACTION

Status:: Adopted

Wards:: All

Board Decision

The Board of Directors of CreateTO:

1. Received the report (April 4, 2025) from the Chief Executive Officer, CreateTO for information.

Decision Advice and Other Information

The Chief Development Officer, Development, CreateTO and the Executive Director, Housing Secretariat gave a presentation on Housing Progress Update.

Origin

(April 4, 2025) Report from the Chief Executive Officer, CreateTO

Summary

In recognition of the urgent need to expedite efforts to transform Toronto’s housing system, this report provides the CreateTO Board of Directors with a broad update of 2025 housing-related work items:

Priority housing sites, with proponents and equity confirmed (6 sites)
Housing sites with secured proponents (2 sites)
Housing sites that are zoned and tracking to market calls/securing a proponent (9 sites)
Housing sites in market (none currently)
Housing sites tracking to final zoning (4 sites)
Update - Portfolio Wide Risk Factors

Background Information

(April 4, 2025) Report from the Chief Executive Officer, CreateTO, on Housing Progress Update
https://www.toronto.ca/legdocs/mmis/2025/ra/bgrd/backgroundfile-254368.pdf
Attachment 1 - Housing Tracker
https://www.toronto.ca/legdocs/mmis/2025/ra/bgrd/backgroundfile-254369.pdf
Presentation from the Chief Development Officer, CreateTO and the Executive Director, Housing Secretariat, on Housing Progress Update
https://www.toronto.ca/legdocs/mmis/2025/ra/bgrd/backgroundfile-254705.pdf

Motions

Motion to Adopt Item moved by Allison Mendes (Carried)