The affordable housing is a key factor in the City’s economic success. And Toronto is a major driver of Canada’s economy. The better economy helps to create jobs and retain skilled key workers and business investment.
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An Affordable housing Plan in Toronto
Since long year back the government of Canada, individual and groups working
together to provide affordable housing. The government of Canada filing that
needs continues to be an important part of building a successful country. The
affordable housing makes a powerful contribution to the economy. The better
economic rate makes a better environment, to healthier communities and
The affordable housing is a key factor in the City’s economic success. And Toronto
is a major driver of Canada’s economy. The better economy helps to create jobs
and retain skilled key workers and business investment.
Affordable housing is an important factor in creating healthy neighborhoods.
Strong and diverse communities increase the quality of life for both renters and
owners and improve livability, which is strongly linked to a city’s prosperity.
Affordable houses for rent are also better investment for the owner.
Here we will discuss, what exactly is “affordable housing”.
1.Power of Affordable Housing:
There are some powers of affordable housing-
. Powering a Greener City:
The government of Canada advised people to live closer to where they work , that
reduces vehicle – related greenhouse gas emissions.
. Powering Livable Neighborhoods:
Makes streets safer and encourage business and other investments in
neighborhoods. Diverse neighborhoods provide opportunity and affordability in
all 44 wards across the City.
2. Creating Housing Opportunities in All Neighborhoods:
Opportunity for All brings together existing Council policy and sets out Toronto’s
aims and purposes in addressing homelessness and housing issues. It contains a
formal policy statement to guide both Council decisions and staff actions in the
provision of housing services to all Torontonians.
3. Assist Families and Individuals to Afford Rents:
There are so many people in the city of Toronto struggle to pay their rent each
month. There are too many people are the tenant. They pay 30 per cent of their
income on rent and many people pay 50 per cent of their income on rent. The
high cost of housing means choosing between paying the rent and putting food
on the table.
4. Preserve and Repair Rental Housing:
Well maintained and affordable rental homes make a positive contribution to the
lives of more than one million Toronto renters.
Circlapp offers affordable apartments for rent, rental homes and other low-cost
housing opportunities to all the people located in greater Toronto area.