ULI Toronto: Affordable Housing in the GTA: Right Track? Wrong Track? — Day 4 Reality Check: Hits And Misses Of Government-Supported Affordable Rental Housing

Résumé de la séance : No issue has dominated the political and industry agenda more in recent years than housing costs and affordability, now ranked the top social/political issue among respondents to this year’s PwC/ULI Emerging Trends in Real Estate survey. From market affordable to deeply subsidized housing, the challenge to arrest spiraling home ownership costs and rent increases appears out of control. With quality of life and the region’s prosperity at stake, join ULI Toronto for a special five-part webinar series during National Housing Week that explores what most describe as a housing affordability crisis in the GTA: what is fueling it, the impact of current efforts, and new ideas to truly and sustainably solve for it. We've had a decade of public policy and programs - from the National Housing Strategy to Inclusionary Zoning and Housing Now - aimed at delivering affordable rental housing units. How are we doing? How many units are delivered, under construction or in the pipeline in the region? How many are lost or ‘on pause’? What are the implications of Bill 23 (More Homes, Built Faster Act) on affordable rental?