The city is being put on the hook to close the budget gap for repairs to crumbling public housing — a bill totalling $1.6 billion. It is a plan that both acknowledges the lack of investment from other governments to date and one that would ensure no more public housing units close. Article Continued BelowHe said it’s significant that the city will now have a dedicated capital budget line item for Toronto Community Housing. Toronto Community Housing was on track to close 400 units next year on top of 600 to be closed this year. City council could fulfil a request to pay the $1.6 billion through other governments, if they agreed to pay.

Source: thestar September 28, 2017 16:52 UTC