2:00pm to 4:30pm
University of Toronto
100 St. George Street
Sidney Smith Hall: 2nd Floor Auditorium
Something exciting is happening in British Columbia: thousands of units of non-market affordable rental housing are being built in and around Vancouver through an innovative new model of affordable housing development. Not reliant on senior government funding or ongoing operating subsidies, the model is built on a unique partnership with the City, non-profits, and social finance institutions.
Meanwhile, the City of Toronto has identified 11 sites of public land for development, the Port Lands will become developable within the next 10 years, and there are non-profits with land & building assets across the city trying to figure out what to do with them. Can B.C. show us a way to seize these opportunities to solve Toronto’s affordable housing crisis?
Thom Armstrong, Executive Director of the Co-op Housing Federation of BC (CHF BC), and one of the key architects of B.C’s model, in conversation with Debbie Stewart, Vice President of Partnerships with the Canadian Mortgage and Housing Corporation (CMHC), will discuss the model and his experience in Vancouver with a focus on the possibilities for Toronto.
This event will bring together City of Toronto staff, non-profit and public housing providers/agencies, non-profit developers, social finance institutions/foundations, co-op housing members, university administrators, churches, housing researchers, housing policy experts, and affordable housing advocates to discuss the opportunities, challenges and steps that can be taken today to start moving towards realizing our affordable housing potential.