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RESCON supports Toronto’s proposed Housing Action Plan

RESCON supports Toronto’s proposed Housing Action Plan

VAUGHAN, ONT. — The Residential Construction Council of Ontario (RESCON) has issued a statement saying it welcomes the new work plan that has been drafted by City of Toronto staff to enable the municipality to attain the provincial target of building 285,000 homes over 10 years.

The plan, scheduled to go to the city’s executive committee March 21, recommends changes in several key areas to boost housing supply and spur construction of more affordable rental units. It outlines priorities for the 2022-26 term of council to support a Housing Action Plan. The plan will be reviewed by the city’s planning and housing committee.

The proposed Toronto work plan improves public reporting, accountability and transparency, said RESCON, with publicly accessible data dashboards to track rental homes and a Toronto Data Book that will provide an overview of the viability of the housing system.

In April, staff will introduce new zoning rules to allow multiplexes of up to four housing units to be built in all residential neighbourhoods and explore changes that will simplify development of mid-rise buildings along avenues and in mixed-use areas.

“The blueprint is a positive step forward and outlines firm deliverables to increase housing supply and improve affordability in the City of Toronto,” stated Amina Dibe, manager of government and stakeholder relations at RESCON, in a statement. “The proposed road map for the city, along with the recent announcement of the Ontario government’s newly appointed Housing Supply Action Plan Implementation Team, indicates the stars are aligning on ways to tackle the crisis.”

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