My observations about the city I call home
By Kris Scheuer
Here are three things I learned, heard, was told or observed about Toronto in the last 48 hours.
HOUSING
The city is possibly on the verge of getting$200 mil in stimulus funding from the province and feds for new affordable housing. I interviewed Sean Gadon, director of the city’s Affordable Housing Office yesterday. By Sept. 30 council will have voted and submitted a short list of projects for about 1,500-2000 units of new housing worth about $200 mil.
The city is also applying for a portion of the $704 mil senior levls of government are handing out to repair existing social housing. Again the city is seeking about $200 mil and should here next week. If the city gets the cash, it will help with the current backlog of $200-250 mil to fix Toronto’s social housing. Continue reading