Agenda
Affordable Housing Committee
- Meeting No.:
- 7
- Contact:
- Terry Wertepny, Committee Administrator
- Meeting Date:
- Monday, April 3, 2017
- Phone:
- 416-396-7287
- Start Time:
- 3:00 PM
- E-mail:
- ah@toronto.ca
- Location:
- Committee Room 1, City Hall
- Chair:
- Councillor Ana Bailão
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Affordable Housing Committee |
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Councillor Ana Bailão Councillor Chin Lee |
Councillor Pam McConnell Councillor Cesar Palacio |
Councillor James Pasternak Councillor Gord Perks |
Members of Council and Staff: Please keep this agenda and the accompanying material until the City Council meeting dealing with these matters has ended.
Special Assistance for Members of the Public: City staff can arrange for special assistance with some advance notice. If you need special assistance, please call 416-396-7287, TTY 416-338-0889 or e-mail ah@toronto.ca.
Closed Meeting Requirements: If the Affordable Housing Committee wants to meet in closed session (privately), a member of the committee must make a motion to do so and give the reason why the Committee has to meet privately. (City of Toronto Act, 2006)
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Declarations of Interest under the Municipal Conflict of Interest Act.
Confirmation of Minutes - March 22, 2017
Speakers/Presentations - A complete list will be distributed at the meeting.
AH7.1 - Rental Affordability in Toronto
- Consideration Type:
- ACTION
- Wards:
- All
Origin
Summary
Toronto's rental housing market has become increasingly unaffordable for many people.
The challenges of finding and keeping a decent and affordable place to live are affecting people across the rental spectrum in all areas of the city.
Rents are rapidly rising beyond the rate of inflation and on the turnover from one tenant to the next the unit is frequently being rented to the highest bidder. Due to historically low vacancy rates and a lack of new purpose-built rental supply, more and more residents are finding themselves precariously housed by renting condominiums.
Despite the ongoing construction of new condominiums, there remains a critical shortage of homes that people can afford. As a result of market pressures and a lack of protection for any rental unit built after 1991, some tenants in condominiums have recently reported annual rent increases between 10 percent and 50 percent.
The situation has become critical as it is increasingly affecting the social and economic success of Toronto. Many residents are being priced out of the housing market, threatening the city's ability to attract investment, good jobs and maintain social cohesion.
The time has come for everyone involved including non-profit, community and private-sector organizations to work with all levels of government and governmental agencies to tackle the rental crisis that is threatening our livability and prosperity.
As a first step, we have asked the Affordable Housing Committee and the Tenant Issues Committee to meet to review rental housing in our city and make recommendations to the Executive Committee and Council. This will allow us to take stock of what is happening in Toronto's rental housing market and hear first-hand from the public and stakeholders most affected. We look forward to a productive meeting that will contribute to short and long-term solutions that will make Toronto a more affordable and livable city for renters.
Background Information
https://www.toronto.ca/legdocs/mmis/2017/ah/bgrd/backgroundfile-102150.pdf
(April 3, 2017) Presentation from the Director, Affordable Housing Office on Rental Housing Update
https://www.toronto.ca/legdocs/mmis/2017/ah/bgrd/backgroundfile-102583.pdf
Communications
(April 3, 2017) E-mail from Don Collymore (AH.Supp.AH7.1.2)
(April 1, 2017) E-mail from Andrew Stokes (AH.Supp.AH7.1.3)
(April 3, 2017) Submission from Paul Codd, Right to Housing Coalition (AH.Supp.AH7.1.4)
https://www.toronto.ca/legdocs/mmis/2017/ah/comm/communicationfile-68205.pdf
(April 3, 2017) E-mail from Theodora Kempe (AH.Supp.AH7.1.5)
(April 3, 2017) Submission from Daniela Mergarten on behalf of Kenn Hale, Advocacy Centre for Tenants Ontario (AH.New.AH7.1.6)
https://www.toronto.ca/legdocs/mmis/2017/ah/comm/communicationfile-68199.pdf
(April 3, 2017) Submission from Harvey Cooper, Co-operative Housing Federation of Canada, Managing Director, Ontario Region (AH.New.AH7.1.7)
https://www.toronto.ca/legdocs/mmis/2017/ah/comm/communicationfile-68200.pdf
(April 3, 2017) Submission from Anita Ifeadi, University of Toronto Urban Infrastructure Cluster (AH.New.AH7.1.8)
(April 3, 2017) Submission from Mary Hynes, Toronto Seniors Forum (AH.New.AH7.1.9)
https://www.toronto.ca/legdocs/mmis/2017/ah/comm/communicationfile-68225.pdf