Proud to join Deputy Mayor @anabailaoTO today to announce the release of the Phase Two sites for our #HousingNow initiative - increasing the supply of new affordable rental housing with mixed-income, mixed-use and transit-oriented communities on City-owned lands across Toronto.
Phase 2 of the #HousingNow initiative is expected to create:
✅Between 14,55 to 1,710 new residential units
✅Approximately 1,060 to 1,240 purpose-built rentals
✅Of which half (600+) will be affordable rental units
✅There will also be 470 to 495 ownership units
These are not just housing statistics that these sites represent, these will become long-term homes for working families in our city.
This next phase of #HousingNow will create new communities featuring new affordable workforce housing, and important amenities such as community centres, child care and parks. These mixed communities will be near transit, and commercial and employment areas.
I will not stop advocating on behalf of our city for funding towards important programs and initiatives like #HousingTO and #HousingNow. To get housing built as quickly as possible, I am eager to work with other levels of government to make sure it is fully funded.
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