SUSTAINABLE HOUSING ASSET RESOURCE EXCHANGE

Socio-Economic Analysis: Value of Toronto Community Housing’s 10-Year Capital Investment Plan and Revitalization

Socio-Economic Analysis: Value of Toronto Community Housing’s 10-Year Capital Investment Plan and Revitalization

Revitalization program, TCHC is leveraging the value of the land in many of its communities to offset the cost of replacing and renewing the homes in those communities. With approximately $5 billion in projects currently underway through this program, TCHC and its private sector development partners are addressing the capital needs of approximately 10 to 12 per cent of its portfolio where market conditions are conducive to TCHC’s approach to community Revitalization. To address the repair needs of the remaining 90 per cent of the portfolio, TCHC and the City of Toronto have developed the 10‐Year Capital Financing Plan. Through an investment of $2.6 billion, split between all three orders of government, the repairs needed to preserve this infrastructure can be made. TCHC retained the Canadian Centre for Economic Analysis (the Centre) to analyze the full value of the investments in its portfolio to residents of the city of Toronto, as well as the municipal, provincial, and federal governments. 

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