Chow breaks ground on new affordable housing project ahead of budget debate
City officials helped break ground Monday on a project that will see 201 new affordable rental homes built in Scarborough as Mayor Olivia Chow aimed to highlight a major part of her agenda.
“More affordable housing means stronger communities across Toronto. This affordable housing site at 25 Sewells Road is a success story of the collaboration between federal and municipal government and the not-for-profit sector,” Chow said. “To address the housing crisis we need more partnerships like this one, creating homes and a sense of belonging for all.”
A nine-storey building is set to be complete at 25 Sewells Road in 2025. It will have 201 affordable rental homes consisting of 100 one-bedroom, 83 two-bedroom and 18 three-bedroom units.
- Download our app to get local alerts on your device
- Get the latest local updates right to your inbox
An eight-storey building at the same address will follow with 117 affordable rental homes made up of 68 one-bedroom, 32 two-bedroom and 17 three-bedroom units.
The buildings will be operated by The Brenyon Way Charitable Foundation and will feature amenities such as a community garden and shared dining area and improvements to an existing playground area to the south.
The units are being funded in part by the city through $3.37 million in capital funding and $27 million in financial incentives, including property tax and development charge exemptions and permit fee waivers. The federal government is putting up over $15 million in funding and over $79 million in repayable loans through the Affordable Housing Fund.
“I’m so happy to see the groundbreaking of this important affordable housing project in Scarborough,” said Deputy Mayor Jennifer McKelvie, who represents Scarborough-Rouge Park. “Our community has a real and immediate need for affordable homes and I’m proud that the City of Toronto is taking tangible steps to meet this need. I cannot wait to welcome our new neighbours when this building is complete.”
Affordable housing has been a major part of Chow’s agenda and the announcement comes just days before her first budget comes to council for approval.
A poll released the same day shows that Chow’s honeymoon period with voters appears to be over, with her support dropping from the mid-70s this past October to around 55 per cent over the past few weeks.
The results suggest Chow’s popularity has taken a ding in light of a proposed 9.5 per cent tax hike for homeowners. Parts of her budget, such as the level of funding for police, have also been met with some controversy.
However the same poll Monday showed that while Chow’s popularity appears to have dropped, some 36 per cent of Toronto residents see affordable housing as the top issue facing the city, compared to 21 per cent who said it’s transit, and 17 per cent who said crime was the top issue.
“I inherited a financial mess,” Chow said Monday in response to questions over her new polling numbers. She said her budget will help pull the city back from a $1.8 billion deficit.
Chow’s budget is set to be debated before a special meeting of city council on Wednesday.
CTVNews.ca Top Stories
BREAKING Donald Trump picks former U.S. congressman Pete Hoekstra as ambassador to Canada
U.S. president-elect Donald Trump has nominated former diplomat and U.S. congressman Pete Hoekstra to be the American ambassador to Canada.
Genetic evidence backs up COVID-19 origin theory that pandemic started in seafood market
A group of researchers say they have more evidence to suggest the COVID-19 pandemic started in a Chinese seafood market where it spread from infected animals to humans. The evidence is laid out in a recent study published in Cell, a scientific journal, nearly five years after the first known COVID-19 outbreak.
This is how much money you need to make to buy a house in Canada's largest cities
The average salary needed to buy a home keeps inching down in cities across Canada, according to the latest data.
'My two daughters were sleeping': London Ont. family in shock after their home riddled with gunfire
A London father and son they’re shocked and confused after their home was riddled with bullets while young children were sleeping inside.
Smuggler arrested with 300 tarantulas strapped to his body
Police in Peru have arrested a man caught trying to leave the country with 320 tarantulas, 110 centipedes and nine bullet ants strapped to his body.
Boissonnault out of cabinet to 'focus on clearing the allegations,' Trudeau announces
Prime Minister Justin Trudeau has announced embattled minister Randy Boissonnault is out of cabinet.
Baby dies after being reported missing in midtown Toronto: police
A four-month-old baby is dead after what Toronto police are calling a “suspicious incident” at a Toronto Community Housing building in the city’s midtown area on Wednesday afternoon.
Sask. woman who refused to provide breath sample did not break the law, court finds
A Saskatchewan woman who refused to provide a breath sample after being stopped by police in Regina did not break the law – as the officer's request was deemed not lawful given the circumstances.
Parole board reverses decision and will allow families of Paul Bernardo's victims to attend upcoming parole hearing in person
The families of the victims of Paul Bernardo will be allowed to attend the serial killer’s upcoming parole hearing in person, the Parole Board of Canada (PBC) says.