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Mayor Olivia Chow's Toronto

I can get behind renaming Dundas West as Roncesvalles, but renaming Dundas is definitely dumb. The real Dundas West would be St. Patrick anyway.
But would people assume "Roncesvalles" refers to the neighbourhood, or the street that starts more than a quarter of a kilometre away?

What good are unique station names if they can be confused with other things still?
 
But would people assume "Roncesvalles" refers to the neighbourhood, or the street that starts more than a quarter of a kilometre away?

What good are unique station names if they can be confused with other things still?

Reconciliation and healing station perhaps?
 
Ok.... lets switch topics, LOL.........

The Mayor did a year-end interview with Spacing.

The interview concluding with a discussion of housing and CMHC.

It would appear, that @HousingNowTO , myself, and many others lobbying may have actually gotten somewhere useful.........

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Too bad we weren't there 5 years, ago, we might have occupancy for several hundred affordable units and a few thousand market-rate, purpose built rental units occupied as well; but better late than never.

The interview can be found here:

 
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And on that note....

Ottawa to announce nearly $500-million for housing in Toronto - Globe and Mail​

Toronto will get nearly half a billion dollars under a federal housing agreement – the largest payment yet to a municipality from Ottawa’s Housing Accelerator Fund, which requires cities to loosen zoning rules that protect neighbourhoods dominated by single-family homes.

Two sources with knowledge of the agreement, to be announced Thursday by the federal government, said it would be worth $471-million .... Not every city has received as much money under the fund as it expected. However, the sources say Toronto will get the full amount. Like other money committed via the federal fund, one-quarter of Toronto’s money will flow immediately, with the remainder disbursed over three years.
 
And on that note....
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Good news morning. City of Toronto getting $117-MILLION per year in Federal GRANT (non-repayable) for the next 4-years... if they meet their new HAF threshold of meeting a -

TARGET (2024) # of "net new housing units building-permitted" including HAF support = ~1,694 net new building permits per month.

Housing Accelerator Fund (HAF) Annual Period (2024 - 2026 calendar years) :

• # of new housing-units building-permitted without HAF support – 49,200 (16,400 per year)
• # of new housing units building-permitted with HAF support - 60,980 (20,327 per year)

Annual increase of 3,927 additional new housing units building-permitted with HAF support per year, and increase of 24% over pre-HAF targets.
 
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Good news morning. City of Toronto getting $117-MILLION per year in Federal GRANT (non-repayable) for the next 4-years... if they meet their new HAF threshold of meeting a -

TARGET (2024) # of "net new housing units building-permitted" including HAF support = ~1,694 net new building permits per month.

Housing Accelerator Fund (HAF) Annual Period (2024 - 2026 calendar years) :

• # of new housing-units building-permitted without HAF support – 49,200 (16,400 per year)
• # of new housing units building-permitted with HAF support - 60,980 (20,327 per year)

Annual increase of 3,927 additional new housing units building-permitted with HAF support per year, and increase of 24% over pre-HAF targets.

The money is good; but won't change the number of housing units built.

To do that, in the current interest rate environment will require a hell of a lot more money.
 
The money is good; but won't change the number of housing units built.

To do that, in the current interest rate environment will require a hell of a lot more money.
They are all aware of that. This is the "down-payment" only... this is just "table-stakes", etc.
 
From City Hall Watcher by Matt Elliot:
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Early votes tell me I'm definitely not a Parthi fan. Seems already anti-density, and anti-bike-lanes. [sigh]
People in his ward HATE condos. Of course many of these people live in a house with maybe 1 or 2 other people and take up a lot of space in their corner of Scarborough. A lot of them also pretend to be advocating for people who buy condos and commiserate with the fact that they're so small. So he's going to be popular in Ward 20.
 
They are all aware of that. This is the "down-payment" only... this is just "table-stakes", etc.
CBC - "Toronto will receive $471-MILLION in federal funding to build new homes, Prime Minister Justin Trudeau's office announced Thursday. The money is coming out of Ottawa's Housing Accelerator Fund and should help Toronto accelerate the delivery of around 12,000 new units over three years, Trudeau said at an announcement in Toronto."

QUOTED - "...The City of Toronto needs to be receiving upwards of one to two BILLION dollars a year in both grants and loans in order to make these programs work - and deliver the affordable housing that we need..."

 
THE STAR (Podcast) - Mayor Olivia Chow on a very unexpected year
The mayor sits down to look back on a year where she came out of political retirement to lead Toronto.

 

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