John Tory announces 5-point plan to build homes faster, tackle affordability in Toronto

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John Tory announces 5-point plan to build homes faster, tackle affordability in Toronto
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Tory, who is seeking a third term, announced his first campaign policy about housing Tuesday morning, ahead of the municipal election in October.

“ I believe we need to get more housing built, we need to get more affordable and supportive housing built and we need to have housing that is obtainable for middle class Torontonians,” Tory told reporters while at a housing construction site in Toronto's Distillery District.

Toronto mayor John Tory, speaks inside Queen’s Park in Toronto, Monday, June 27, 2022. THE CANADIAN PRESS/Cole Burston In an effort to create more co-op, supportive and affordable housing, Tory said he wants to allocate a portion of city-owned land to be developed by non-profit organizations. “If we can allocate the vacant land that we own as a city and encourage the other governments to do the same together with some of the other incentives we’ve been offering through programs like Open Doors and Housing Now…then I believe we will be able to build more supportive and affordable housing,” he added.

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