Potential Rooming House Property Acquisition and Modernization in Ward 14, Parkdale-High Park

Friends,

I am happy to announce that City Council supported my motion to make it possible for a non-profit housing provider to buy a rooming house in Parkdale. Here is a link to that motion http://app.toronto.ca/tmmis/viewAgendaItemHistory.do?item=2018.MM41.8 .

The motion directs the Director, Affordable Housing Office to report to the June 25th Affordable Housing Committee meeting on the due diligence process necessary to support the purchase, renovation and future operation of an existing rooming house in Ward 14, by an experienced non-profit organization through leveraging $1.5 million in available Ward 14 Section 37 funds and other federal and provincial funding sources, and to seek authority to undertake a pilot project through a competitive proposal call process in 2018.

This is great news.

I will be sending a further update as this important work makes its way through the Affordable Housing Committee.

Gord