VAUGHAN, ONT. — The Residential Construction Council of Ontario (RESCON) has issued a statement saying it supports Toronto Mayor John Tory’s advocacy calling for a 2023 Housing Action Plan to be developed that will enable the city to meet or exceed the provincial target of building 285,000 new homes over the next 10 years.
The new plan directly commits to either meet or exceed housing targets identified by the provincial government over the next 10 years for the City of Toronto, stated a release.
“RESCON applauds without reservation Toronto Mayor John Tory and Planning and Housing Committee Chair Coun. Brad Bradford as they advance meaningful and measurable solutions to the city’s housing affordability and supply crisis with their 2023 Housing Action Plan,” said RESCON president Richard Lyall in a statement.
“The commitment to meet or exceed provincial housing targets as a result of Toronto’s new Housing Action Plan is a once-in-a-generation change to housing policy that RESCON fully supports, endorses and will assist the city in every way possible to deliver upon.”
RESCON identified commitments to change zoning policies to prioritize housing construction, increase zoning permissions on major streets, create transition zones between commercial and potential residential areas, expand permissions for multiplexes and additional housing forms and remove exclusionary zoning restrictions as positive policies.
“The scale of the changes proposed by the 2023 Housing Action Plan are so extensive that they are precisely the character of initiatives that RESCON has been calling for in order to address the housing affordability and supply crisis,” Lyall noted.