Item - 2026.MM39.12

Tracking Status

  • City Council adopted this item on March 25 and 26, 2026 without amendments.

MM39.12 - Authorization to Release Section 37 Funds to Toronto Community Housing Corporation for Affordable Housing Upgrades - by Councillor Dianne Saxe, seconded by Councillor Paula Fletcher

Decision Type:
ACTION
Status:
Adopted
Ward:
11 - University - Rosedale

City Council Decision

City Council on March 25 and 26, 2026, adopted the following:

 

1. City Council increase the 2026–2035 Capital Budget and Plan for Toronto Community Housing Corporation, through the Housing Secretariat under WBS element CAF010-03, on a one-time basis by $2,366,000 gross and $0 debt, for landscaping, security, and energy upgrades at existing Toronto Community Housing Corporation buildings in Ward 11, fully funded from Section 37 and Section 45 community benefits secured for capital improvements at Toronto Community Housing Corporation and/or affordable housing from the developments listed below:

 

a. 275 Albany Avenue and 420 Dupont Street (Source Account: XR3026-3701050) in the amount of $84,634, secured for capital improvements;
 

b. 316 Bloor Street West (Source Account: XR3026-3701254) in the amount of $260,722, secured for capital improvements;
 

c. 840 and 860 Dupont Street (XR3026-3701345) in the amount of $110,000, secured for capital improvements;
 

d. 164 Avenue Road (XR3028-4500159) in the amount of $32,997, secured for capital improvements; 
 

e. 124 and 128 Pears Avenue (XR3026-3700793) in the amount of $168,420, secured for capital improvements; 
 

f. 11 Yorkville Avenue (XR3028-4500246) in the amount of $474,164, secured for capital improvements;
 

g. 767-773 Yonge Street (XR3026-3701233) in the amount of $817,366, secured for capital improvements; and
 

h. 300 Bloor Street West and 478 Huron Street (XR3026-3701225) in the amount of $417,697, secured for capital improvements.

Background Information (City Council)

Revised Member Motion MM39.12
https://www.toronto.ca/legdocs/mmis/2026/mm/bgrd/backgroundfile-284990.pdf
Fiscal Impact Statement from the Chief Financial Officer and Treasurer
https://www.toronto.ca/legdocs/mmis/2026/mm/bgrd/backgroundfile-285644.pdf

Communications (City Council)

(March 25, 2026) E-mail from Nicole Corrado (MM.New)

Motions (City Council)

Motion to Waive Referral (Carried)

Speaker Nunziata advised Council that the provisions of Chapter 27, Council Procedures, require that Motion MM39.12 be referred to the Executive Committee. A two-thirds vote of the Council Members present is required to waive referral.


Motion to Adopt Item (Carried)
Source: Toronto City Clerk at www.toronto.ca/council