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Mayor Rob Ford's reversal on selling off social housing is welcome,[url=http://kevindurantnerfshoesreleasedate.blogspot.com/][b]kevin durant shoes[/b][/url]
Such a difference a year makes! Early in the year of 2011, Mayor Rob Ford and the political allies enthusiastically backed an agenda by Case Ootes, the then one-man board of Toronto Community Housing Corporation, to sell off 900 affordable homes scattered through the city. Ootes, a political friend from the mayor, have been installed after an unprecedented purge from the board and senior staff of the city's non-profit housing agency earlier in the year.
This month,[url=http://peutereyjacketsuppliers.webmium.com/][b]Peuterey Jacket sale[/b][/url], a subdued Mayor Ford rose at city council's executive committee to hail the most recent intend to preserve most of that housing as "a great beginning." The mayor merged with his political colleagues to provide unanimous backing to the strategy crafted by Councillor Ana Bailao's special working group.
Toronto Community Housing may be the second largest landlord in North America and provides housing to 164,000 women,[url=http://woolrichdeutschlandarcticparka.albirank.net/][b]woolrich deutschland women online shop[/b][/url], men and children in 58,500 households. It manages a portfolio of 2,215 buildings ranging from 1950s-era public housing highrises to midrise and even single-family homes. It had been the single-family homes scattered throughout Toronto which were targeted for sell-off under the mayor's original scheme.
In the beginning, the mayor said he desired to use the anticipated revenues of $400 million in the housing sell-off to finance other municipal spending. By midsummer of 2011, the mayor had shifted slightly. He still backed the massive sell-off, however asserted the proceeds should stay at TCHC to cover its capital repair shortfall that was estimated through the housing agency at $650 million.
TCHC tenants,[url=http://wheretobuyrogerviviershoes.webmium.com/][b]http://wheretobuyrogerviviershoes.webmium.com/[/b][/url], housing advocates and community leaders were alarmed at plans for that big sell-off. They pointed to Toronto's record-breaking affordable housing wait list. The number of low-income Torontonians eager for a location to call home hit an all-time record in August of 2012 of 86,604 households Up 27 percent from the 68,[url=http://peutereyjacketsuppliers.webmium.com/][b]Peuterey Jacket men[/b][/url],369 households in August 2011.
Toronto's affordable housing wait list includes 159,965 women,[url=http://parajumpersoutletjackets.webmium.com/][b]parajumpers outlet jackets[/b][/url], men and kids with low incomes who are lining up for any space within the 10 per cent of city housing that is neither private ownership nor private rental housing. Including Toronto Community Housing Company homes,[url=http://woolrichdeutschlandarcticparka.albirank.net/][b]Woolrich Parka G��nstig outlet[/b][/url], plus co-op and non-profit housing.
The city's wait list has relentlessly set an archive every month - month after month - because the recession of 2008.
A powerful and effective campaign to save the homes,[url=http://kevindurantnerfshoesreleasedate.blogspot.com/][b]jordans shoes[/b][/url], combined with the smart and elegant report in the Bailao working group, prompted Ford on Oct. 9 to become listed on with the rest of city council's executive committee to vote unanimously to back the plan to preserve the majority of homes previously at risk of sale.
The Bailao committee recommended that 619 homes be saved and proposed the sell-off of only 55. It put down a two-phase strategy that will immediately pump up to $120 million into TCHC over the next two years to fund urgent capital repairs, giving the city's social housing landlord some valuable breathing space to build up a comprehensive and pragmatic five-year arrange for financial and operational sustainability.
The Bailao report sets out a series of innovative choices to allow TCHC to tackle its large and growing unfunded capital repair bill - a bill that was created when federal and provincial governments downloaded aging social housing towards the city without adequate capital reserves.
Imaginative ideas - for example community land trusts, affordable home ownership and innovative financing options - have been proven successful in other communities (and even here in Toronto) and deserve thinking included in the recovery arrange for TCHC.
As the Bailao working group has set out a practical plan to stabilize TCHC housing, the town still faces a sizable and growing shortfall in new affordable homes, plus growing unaffordability in the city's private ownership and rental housing markets.
Affordable housing investments - both to finance new homes also to ensure existing homes are kept in a good state of repair and affordable - happen to be eroding in Canada since federal and provincial housing programs were gutted in the 1990s.
Preserving most of the affordable TCHC homes at risk of sell-off is, as Ford says, "a great beginning." Now, Toronto City Council - along with the provincial and federal governments,[url=http://peutereyjacketsuppliers.webmium.com/][b]peuterey jacket manufacturers[/b][/url], affordable housing developers, community leaders and the private sector - want to get to work on increasing the way to obtain new affordable homes in Toronto.
Michael Shapcott is director of housing and innovation at the Wellesley Institute,[url=http://giuseppezanottisneakerssale.webmium.com/][b]giuseppe zanotti Outlet Shoes for Sale[/b][/url], a completely independent research and policy institute in Toronto focused on advancing population health.
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