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Trinity-Spadina Ward 20 Interim Report 1. Prepared for Councillor Adam Vaughan. 20 Twenty Urban Consultants October 18, 2008. Provincial Policy Statement. According to the Provincial Policy Statement, Affordable Housing is: Home Ownership
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Trinity-Spadina Ward 20 Interim Report 1 Prepared for Councillor Adam Vaughan 20 Twenty Urban Consultants October 18, 2008
Provincial Policy Statement According to the Provincial Policy Statement, Affordable Housing is: Home Ownership Purchase price results in annual accommodation cost that does not exceed 30 percent of gross annual income Purchase price is 10 percent below average purchase price Rental Housing Rent does not exceed 30 percent of gross annual income Rent is at or below the average market rent of a unit
Introduction Purpose: Explore the potential for affordable housing in Ward 20 Goals: Housing Diversity Housing Affordability Economic Diversity
Presentation Outline Evaluate current demographics and housing Review affordable housing policy Evaluate international case studies
Concept of Affordability in Ward 20 Three principles: Accessibility Diversity Sustainability
Ward 20 – Demographics Summary • The ward is attracting many young people • Having a harder time attracting families • Affordable housing applies to households in the lower to moderate income levels who spend more than 30% of their income on housing.
Ward 20 - Policy Policies and Programs Reviewed Provincial Policy Statement 2005 Places to Grow Act City of Toronto Official Plan 2006 King-Spadina Secondary Plan Review 2006 Affordable Housing Program Municipal TorontoCommunity Housing Guidelines Provincial Provincial Rent Bank Program Requirements Federal Residential Tenancies Act 2006 Incentives Housing Opportunities Toronto Framework 2008-18 Grants from City of Toronto Business, Community Services, Housing, Recreation Grants Canada Mortgage and Housing Corporation Ontario Ministry of Municipal Affairs and Housing Housing Connection
Ward 20 - Policy GuidelinesRequirements Incentives City of Toronto Official Plan Promotes: Diverse, affordable housing stock Living and working within the same neighbourhood Economic diversity Preservation of community services Multiple use school buildings
Ward 20 - Policy GuidelinesRequirements Incentives City of Toronto Official Plan: Restricts depletion of rental units by new development BY PROVIDING the same rental Unit size Tenure Number Cost
Ward 20 - Policy GuidelinesRequirements Incentives Developers &/ Non Profit Organizations: Conversion costs for housing units / buildings Grants for housing projects geared to the homeless population Landlord : Housing Connections Residential Rehabilitation Assistance Program
Ward 20 - Policy GuidelinesRequirements Incentives Tenant Rent Supplements: Housing Connections Province of Ontario - Roof Program Provincial Rent Bank Program Homeowner Supplements: Residential Rehabilitation Assistance Program
Ward 20 – Policy Summary Guidelines RequirementsIncentives There are clear policies and incentives Policy statements align with the goals of this project Opportunities to support general policy statements should be explored
Ward 20 – Case Studies Case studies were examined to determine best practices in affordable housing. Case Studies were selected based on their applicability to Ward 20, including: Target housing group Implementation tool used
Case Studies - Target Housing Groups Low income households Young families and young professionals Asian residents Aboriginal residents Out of town hospital patients and their families People who are considered “hard to house” due to mental health and substance misuse issues
Case Studies - Policy Tools • Public Private Partnerships: • Used to negotiate financial and regulatory policies leading to the provision of affordable housing.
Case Studies - Policy Tools • Inclusionary Zoning: • Used in NYC to generate additional, and to preserve existing affordable housing units by providing density bonuses to developers during private housing development projects.
Case Studies - Policy Tools • Partnerships Between Public Agencies: • Used to generate public funding for affordable housing such as the partnership between Municipal and Provincial governments and agencies.
Case Studies - Policy Tools • Community Development Corporations: • Community based non-profit organizations that offer community programs and neighborhood planning services to a specific neighborhood or community. CDC’s often focus services and planning efforts on lower income residents and neighborhoods.
Case Studies - Policy Tools • Collective Private Assignment: • A Dutch legal policy that allows the city to give away a dilapidated building to a group of residents who agree to pay for required renovations as shown in the DDV Rotterdam case study.
Table 1 – Emory Davidge & Lawton Li Seaton Village and The Annex Table 2 – Benedict San Juan & Diana Gibb Harbord Village, Huron Sussex and University of Toronto Table 3 – Pamela Tiller & Chris Ross Alexandra Park, Kensington, The Grange, Queen, Chinatown and Baldwin Village Table 4 – Josh Chitiz & Nikolas Papapetrou Entertainment District, Wellington Place, King-Spadina, Waterfront, City Place and Bathurst Quay
Questions Municipal, provincial, and federal government documents define affordability as spending no more than the average market rent or 30% of your gross annual household income on housing costs. • . Are residents in your area spending relatively more or less than 30% on shelter costs? • . What is your definition of affordability? • . What tools do you think would help implement or improve affordable housing in your area? • . What housing types are emerging or disappearing in the area? • . With respect to businesses, jobs, and economic sectors, what trends are evident? What is increasing or declining in the Ward? • . What is currently there now and do you consider the economic environment in Ward 20 to be diverse?
Ward 20 – Next Steps • Exploring inter-governmental partnerships and public-private partnerships; • Discovering the best locations to create affordable housing; • Identifying ways to diversify the economy of Ward 20; • Compiling and rating a list of affordable housing strategies/tools; • Ensuring the provision of affordable housing through policy.