Regardless of how long you stare at your utility bills, your mouth wide open, they will not disappear. However, there is something that might lighten the load. The City of Toronto is moving towards establishing a comprehensive plan to create and maintain affordable housing. Housing Opportunities Toronto, released yesterday, has set upon a goal to assist roughly 200,000 Toronto households in the next 10 years, who are currently living in subpar housing and paying too much for it. And while this plan will call for a $469 million annual investment, along with extensive federal government support, Toronto believes that affordable housing will contribute to the economy and resident’s financial and emotional health. “Our city’s continued success as a healthy, safe and productive place to live depends on providing housing opportunities for all,” said Councillor Giorgio Mammoliti, Chair of the Affordable Housing Committee. In the last three years, Toronto has won more than 70 public service awards; now the City must practice what it preaches, and cash out for rent.
