As Toronto proceeds to fight its affordable housing disaster, the Metropolis claims it is now actively in search of to establish partners, web pages, and attributes that may be suitable to aid the target of producing up tens of thousands of inexpensive rental homes about the following decade.
Subsequent the announcement that the Town will receive $203.3 million by means of the Governing administration of Canada’s Immediate Housing Initiative (RHI), the Town says do the job is “well underway” to compile a record of properties and web pages that could most likely be acquired or quickly developed to immediately create new long lasting housing choices.
This would involve the development of 40,000 inexpensive rental houses, like 18,000 supportive residences more than the upcoming 10 several years.
Read: George Avenue is Receiving a Main Overhaul as Element of Downtown East Motion Plan
To develop on the City’s current record of properties that would be appropriate for making modular housing and renovation and/or conversion to housing in 2021 and over and above, the Metropolis is now inviting governing administration, personal, institutional, non-gain, co-op, charity, and multi-religion organizations and other landlords to identify vacant internet sites that could be utilized for modular housing advancement non-household homes that could be transformed to household and structures that are in disrepair and in have to have of maintenance and rehabilitation to be applied for residential uses.
The Metropolis says it’s now requesting facts on internet sites available for acquisition that meet up with the next criteria:
- Modular: Vacant, flat, unencumbered websites around 25,000 sq. feet to 30,000 square ft (or .57 acres to .68 acres) in dimensions, with no materials environmental problems that are positioned in a Neighbourhoods, Apartment Neighbourhoods or Combined-Use area (Official Strategy Designation).
- Conversion/Renovation: Commercial/institutional/non-r
esidential web pages that result in new housing stock (which includes former housing web-sites that have been removed from the rental housing stock), 15,000 square toes to 50,000 square feet, that can help among 20 to 70 particular person units (each 200 to 600 square toes).
What is more, all internet sites have to be in shut proximity to present and planned transit and social expert services (these as community and work centres, libraries, wellbeing facilities) and be obtainable in the speedy/brief expression in get to allow for occupancy inside of 12 months.
Any interested parties can learn how to submit a proposal right here. All proposals must be submitted to the City by Monday, November 16 at 4 pm.