Item - 2016.CD15.8

The Community Development and Recreation Committee recommends that:

1.  City Council, in its capacity as Shareholder of Toronto Community Housing Corporation (TCHC):

a.  approve in principle, pursuant to Section 7.4.1 (c) of the City's Shareholder Direction to TCHC, the revitalization of TCHC's 250 Davenport Road site as requested in the communication from TCHC's President and Chief Executive Officer (Interim) dated May 3, 2016;

b.  approve, pursuant to Section 7.4.1 (b) of the City's Shareholder Direction to TCHC, the sale of a portion of the 250 Davenport lands as set out in the communication from TCHC's President and Chief Executive Officer (Interim) dated May 3, 2016;

on condition that:

c.  Consistent with the service level standards, a minimum of  460 units of rent-geared-to-income (RGI) housing is to be made available at 250 Davenport; and

d.  TCHC report annually, through TCHC's Annual Report to Council, on the status of the revitalization of 250 Davenport and on any tenant and community impacts resulting from the revitalization.

2.  City Council, in its capacity as Service Manager under the  Housing Services Act, 2011 authorise the General Manager, Shelter, Support and Housing Administration to grant any necessary Service Manager consents pursuant to the Housing Services Act, 2011 to:

a.  The redevelopment of a portion of 250 Davenport;

b.  All mortgages, encumbrances and developments to be granted by Toronto Community Housing Corporation for the purposes of financing the revitalization of 250 Davenport, including future amendments and extensions thereof,  in a form approved by the Minister, and to cause such consents to be registered under the Registry Act or the Land Titles Act; and

c.  All  future mortgages and developments by third parties of all real property disposed of by Toronto Community Housing Corporation for the purposes of financing the revitalization 250 Davenport and not used for social or public housing, in a form approved by the Minister, and to cause such consents to be registered under the Registry Act or the Land Titles Act; or

d.  Subject to proclamation of anticipated amendments to the Housing Services Act,  any transfers, mortgages and redevelopment of 250 Davenport by Toronto Community Housing Corporation;

subject to:

e.  Toronto Community Housing Corporation and/or the prospective purchasers of 250 Davenport lands obtaining the various necessary planning approvals and legislative, municipal and corporate consents (including consent of mortgagors, if necessary);

f.  Any necessary approval from the Ministry of Housing  for the sale of a portion of 250 Davenport lands as required under Section 161 of the Housing Services Act prior to its amendment and/or Canada Mortgage and Housing Corporation (CMHC) if necessary; and

g.  Toronto Community Housing Corporation providing a Tenant Relocation and Assistance Implementation Plan (TRAIP), to the satisfaction of the General Manager, Shelter, Support and Housing Administration, that describes Toronto Community Housing Corporation's obligations regarding tenant relocation of 250 Davenport tenants for all phases of the revitalization and to provide updates to the Plan as appropriate, pursuant to the requirements set out in Agreements under Section 37 of the Planning Act and Section 111 of the City of Toronto Act.

3.  City Council, in its capacity as Service Manager under the Housing Services Act, 2011 authorise the General Manager, Shelter, Support and Housing Administration, and subject to proclamation of anticipated amendments to the Housing Services Act to request the Ministry of Housing  to grant any necessary Ministerial consents  pursuant to the Housing Services Act, 2011 to:

a.  All transfers, leases and other dispositions of real property by Toronto Community Housing Corporation for the purposes of the revitalization of 250 Davenport lands;

b.  All future transfers, leases and other dispositions by third parties of all real property disposed of by Toronto Community Housing Corporation for the purposes of the revitalization of 250 Davenport and not used for social or public housing; and

c.  To cause such consents to be registered by the City Solicitor under the Registry Act or the Land Titles Act.

Toronto Community Housing Corporation (TCHC) is using the proceeds from the sale of a portion of the land at 250 Davenport Road to revitalize the existing high-rise social housing apartment building onsite. The proposed new development on the severed land is a 28-storey condominium building with six integrated townhouses plus two back-to-back townhouse blocks. 354 residential units (315 in the new condo building and 39 new townhouses) are proposed on the west portion of the site. The existing 25-storey TCHC social housing apartment building (449 units) will be retained and 11 existing TCHC townhouses on Pears Avenue will be demolished and rebuilt in a 3-storey residential building.

This report recommends the necessary City Council approvals required for the new development at 250 Davenport Road as the sole shareholder of TCHC and as the Social Housing Service Manager.

At its meeting of October 13, 2016, Toronto East York Community Council will consider an application for Rental Housing Demolition and Conversion under Section 111 of the City of Toronto Act (Chapter 667 of the Municipal Code) along with the rezoning application for the demolition of the rental housing units. The City Planning report and this report will be considered simultaneously by City Council on November 8 and 9, 2016.