About Housing Now
A new City Initiative
Creating mixed-income communities on public land
The Housing Now initiative is investing in City-owned lands across Toronto to build affordable housing and mixed-income, livable communities near transit.
Housing Now will create a mix of affordable rental, market rental and ownership housing options to serve Toronto residents. The new affordable rental homes will remain affordable for 99 years, providing quality affordable housing for future generations. The affordable homes will be affordable for households earning up to $68,000 per year.
Housing Now is one component within the City of Toronto’s HousingTO 2020-2030 Action Plan to address the full spectrum of housing issues in Toronto.
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Resources
Toronto City Council adopts new initiatives and programs to expedite the creation and protection of affordable housing.
City of Toronto and CreateTO announce development partners for two Phase One Housing Now sites to build much needed affordable and market rental housing.
Creating New Affordable Housing Opportunities through Phase Two of the Housing Now Initiative.
On December 13, 2018, City Council approved the activation of the 11 sites identified in a report from Mayor John Tory for the development of affordable housing as part of creating mixed-income, mixed-use and transit oriented communities.
The City Manager’s January 11, 2019 report to the Executive Committee provides an overview of the Housing Now Initiative and includes a series of recommendations for implementing the program.
The City of Toronto is working with all housing stakeholders and the public to develop a comprehensive solutions-based plan to address housing and homelessness challenges over the next decade. For more about this process, see the link below.
Toronto City Council approved the Open Door Affordable Housing Program in 2016 to accelerate affordable housing construction by providing City financial contributions, fast-tracking planning approvals, and activating surplus public land.
The Etobicoke Centre area is planned to be the centre and heart of Etobicoke with a dynamic mix of housing, employment opportunities, commercial activities, community amenities and access to transit.
Latest Updates
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News Release: Ground-breaking of 725 new rental homes on City land at 5207 Dundas St. W.
Groundbreaking at 5207 Dundas St. W. to announce the start of construction at the first Housing Now site to create new mixed-income, complete communities on City-owned land.Read Press Release -
777 Victoria Park Ave – Developer Announcement
The City of Toronto and CreateTO announce the development partners for 777 Victoria Park Avenue to build much needed affordable and market rental housing. View the press release here.View Press Release -
2444 Eglinton Ave E – Market Offering
CBRE has issued the market offerings for 2444 Eglinton Ave East and Block 1 of the Bloor Kipling (Six Points) lands. Click below to download the brochure.Download Brochure