Download as pdf or txt
Download as pdf or txt
You are on page 1of 7

CIVIC ACTION

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.

Help CONSTRUCTION COMPANIES

Stop Construction companies oppose


affordable housing because of tax
burdens and less profit. Companies such

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

28% INCREASE TO 23% INCREASE TO


$1.54M $1.15M

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....

$40 BIllion Commitment

40 000 New Rental Homes

80 000 New Condo Homes

18 000 Supportive Homes

58 500 Community Housing Units

Along with many other benefits


A Helping Hand

CANADIAN TRINITY GLEN DURHAM REGION


MORTGAGE AND HOUSING NON-PROFIT
HOUSING CORPORATION HOUSING
CORPORATION CORPORATION

You might also like