Item - 2021.TA13.2

The Board of Directors of the Toronto Atmospheric Fund:

1.  Directed that the Board Chair, on behalf of the Board of Directors of the Toronto Atmospheric Fund, to:

a.  convey appreciation to Toronto Community Housing Corporation (TCHC) Board of Directors, Executive and staff for their leadership and commitment to reducing carbon emissions as an integral part of ensuring quality housing and vibrant communities in Toronto. 

b.  acknowledge and recognize the significant effort and investment that both organizations will be making to advance mutual objectives by working in partnership and building on many years of collaboration and lessons learned. 

c.  confirm that the Board looks forward to reviewing with Toronto Community Housing Corporation the progress of this important formal partnership over the coming months and years.

The Vice President, Policy and Programs, Toronto Atmospheric Fund, and the Vice President, Facilities Management, Toronto Community Housing Corporation gave a presentation on Toronto Atmospheric Fund and Toronto Community Housing Corporation - A Shared Vision.

The Atmospheric Fund (TAF) and Toronto Community Housing Corporation (TCHC) have worked together for many years on a range of retrofit projects to reduce energy and carbon and improve building condition and comfort.  Representatives from TAF and TCHC will present the recently-signed Memorandum of Understanding between the two organizations to amplify collaborate on deep energy retrofits of TCHC's building portfolio to achieve mutual social, financial and environmental objectives.