Adopt Inclusionary Zoning Policies in Toronto to Increase Affordable Housing
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Issue Background: Over the past few years, the shortage of affordable housing in Toronto has become an increasingly prevalent issue. In Toronto, 1 in 5 households live in housing that is too small, in need of repairs, or that costs more than 30% of their income. According to the 2017 Demographia International Housing Affordability Survey, Toronto’s housing market is the 13th least affordable among cities with a population over 1 million.
Why the issue is important: Creating affordable housing is essential to the social and economic development of Toronto. Not only will increasing the amount of affordable housing enhance Toronto’s national and global competitiveness by providing housing to a diverse workforce, it will also improve communities by reducing poverty and achieving greater equity.
Solution to Issue: The City of Toronto should implement inclusionary zoning, which are policies or by-laws that require housing developers to make a percentage of their proposed units affordable to households with low to moderate incomes, and maintain the affordability of those units over a period of time.
On December 8, 2016, Bill 7, the Promoting Affordable Housing Act, 2016 was given royal assent, and this bill by the province of Ontario gives municipalities the option of requiring affordable housing units as part of residential developments.
Goal of Petition: For Toronto to use the powers given by the province under Bill 7 and implement inclusionary zoning policies in Toronto.
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