Professional Documents
Culture Documents
Prepared by Rufus Stewart
Prepared by Rufus Stewart
Affordable Housing
Toronto
Issue
Affordable Housing
Affordable housing is housing where 30% or
less of the household's gross income goes
towards paying for housing costs. Affordable
housing is safe, stable and adequate when
helping people stay healthy, raise families and
maintain employment which makes it a
necessity in Toronto. Toronto’s need for
affordable housing is absurd, which is why
action needs to be taken now to help soothe this
CONS E R V ATIVE PAR TY
Opposing affordable housing are any
person or party who support or are a part
of the right side on the political spectrum.
Them
as Tridel, Turner Construction and PCL
Construction are among the many
massive construction companies against
affordable housing even though they
don’t make it obvious. For them it's all
about the money and profits.
DETACHED SEMI-DETACHED
HOMES HOMES
CONDOMINIUM TOWNHOUSE
APARTMENTS HOMES
13% INCREASE TO 45% INCREASE TO
$704K $1.09M
Home Price
Increase
1 BEDROOM 2 BEDROOM
3% INCREASE TO 3% INCREASE TO
$1,850 $2,317.
3 BEDROOM 4 BEDROOM
9% DECREASE TO 9% DECREASE TO
$2,969 $3,900
Rent Price
Increase
Pledges For Affordable Housing
In 2019, Canada announced a Housing Stability Servcie Plan. The plan would be in
effect from 2020-2030 assisting 341 000 housholds. They pledged....