This report responds to City Council’s request for the Chief Planner and Executive Director, City Planning and City Solicitor to review components of the City’s implementation approach and approval conditions for Rental Housing Demolition applications submitted under Chapter 667 of the Toronto Municipal Code (“Chapter 667”). The report addresses the following rental replacement implementation matters: Requiring additional purpose-built market rent units as a condition of approval for Rental Housing Demolition applications — Feasibility of using secondary market (i.e., condominium) rental data to inform how financial compensation is calculated as part of Tenant Relocation and Assistance Plans for eligible tenants — and Providing income-eligible post-application tenants the option to rent available replacement affordable rental units prior to eligible individuals who are on the Centralized Affordable Rental Housing Access System. Staff are not recommending changes in response to the above implementation matters as such changes could unintentionally negatively impact the City’s existing rental replacement policy framework. The report identifies recent process improvements, such as indexing rental market data, to ensure compensation provided under the Tenant Relocation and Assistance Plan better reflects current market data. Staff will also be publishing updated implementation practices for Rental Housing Demolition applications that will provide for a plain language resource for members of the public and the development industry to reference. Legal Services and the Housing Secretariat were consulted in the development of this report.
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