Housing Now Progress - Update

The Public Gallery wrote no story on this item. What follows is the city’s own record of what happened to it, as filed: nothing on this page is summarised or scored by us.

The decision

2020-12-04 · CreateTO · amended

As filed

The Board of Directors of CreateTO: 1. Directed that the Vice President of Development, CreateTO to work with the local Councillor to review an increase in the density at 405 Sherbourne Street. 2. Directed that the confidential information contained in Confidential Attachment 1 to the report (November 20, 2020) from the Vice President Development, CreateTO remain confidential in its entirety, as it is about a position,

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plan, procedure, criteria or instruction to be applied to a negotiations carried on or to be carried on by or on behalf of the Board of Directors of CreateTO.

On the agenda

As the city filed it

On January 30, 2019, City Council approved a signature affordable housing initiative, "the Housing Now Initiative," to leverage City-owned land for the purpose of creating new, mixed-use, mixed-income communities. Through the Initiative, 11 properties were identified for development, with the potential to create a total of 10,000 new residential units. On May 28, 2020, Council approved the addition of 6 more sites to the Housing Now Initiative with the potential to create 1,455 to 1,700 residential units.

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The Housing Now Initiative is coordinated through a Steering Committee composed of senior staff from the Housing Secretariat, City Planning and CreateTO. The purpose of this report is to provide a broad status update on the progress made to-date on the 17 properties.

Staff recommended

The Vice President, Development, CreateTO recommends that: 1. The Board of Directors of CreateTO direct that the confidential information contained in Confidential Attachment 1 remain confidential in its entirety, as it is about a position, plan, procedure, criteria or instruction to be applied to a negotiations carried on or to be carried on by or on behalf of the Board of Directors of CreateTO.

On the record

The item as the City filed it