Plan to sell-off TCHC homes an 'act of desperation'

As the board of Toronto Community Housing Company meets today to consider a plan to sell-off more than 700 of its homes, leading housing experts – including the Wellesley Institute’s Michael Shapcott – are urging the public housing board, and Toronto City Council, to consider better options. In an article in today’s Globe and Mail, various alternatives are set out. With a record-breaking 80,955 households on Toronto’s affordable housing wait list, reducing the number of affordable units in the TCHC portfolio will stretch out the time for those on the wait list. The Wellesley Institute identified a number of concerns regarding the previous plans to sell-off TCHC housing.