"On Friday, Housing Minister Gregor Robertson announced that the federal government will give Toronto $10 million less than expected under the Housing Accelerator Fund, a program that encourages local initiatives to build more homes faster. Robertson said the cut comes after Toronto city council failed to allow sixplexes citywide without needing special approval. Toronto will still receive $461 million from the fund over four years."
"Speaking to reporters in Toronto, Robertson said the goal of the fund is to ensure more affordable housing is built in Canada and the federal government is encouraging that building by having signed agreements with 241 Canadian communities that include commitments. "We want to be sure that everyone's following through on their commitments," Robertson said. "And the challenge is deciding the scale by which any community might deviate from what they committed to."
Housing Minister Gregor Robertson announced Ottawa will give Toronto $10 million less under the Housing Accelerator Fund after the city failed to allow sixplexes citywide without special approvals. Toronto will still receive $461 million from the fund over four years. The fund encourages local initiatives to build more homes faster and aims to ensure more affordable housing is built in Canada. The federal government has signed agreements with 241 communities that include specific commitments and evaluates whether municipalities are delivering on those commitments. Robertson said Toronto limited sixplex permissions to nine wards, maintaining restrictions on missing-middle housing in much of the city.
Read at www.cbc.ca
Unable to calculate read time
Collection
[
|
...
]