We are facing an unprecedented housing crisis. Each year, more of our friends and neighbours are losing their homes or finding it impossible to afford a place to live. Newly-arrived refugees find themselves in shelters, church basements, or sleeping on the street. Seniors are forced to work beyond retirement age or watch their rent take up a greater share of their fixed incomes. Families are facing exploding mortgage prices that push their finances under water. Young people are having trouble starting a family and some are forced to move out of the city. People experiencing intimate partner violence can’t afford to move to safety. Employers struggle to hire workers who can afford to live in the city. While thousands of new homes are built in the city every year, it is not enough to address the affordability crisis we’re facing. We must act with urgency and a renewed determination to make sure everyone can find a place to call home. As Mayor, I have committed to building 25,000 more homes above what the City is already planning. This is my top priority. Today, I am asking staff to take the necessary actions to start making this commitment reality. With the right tools and resources in place, we can build new affordable housing, create stronger and more caring communities, and ensure a better quality of life for all residents. Together, we can build the affordable housing people need and deserve. With this motion we take the first step.
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