planning-approval process
Canadian Apartment Magazine
T.O. initiative to pave way for affordable housing
A new initiative designed to encourage the development of affordable housing was recently unveiled by Toronto Mayor John Tory. Known as the City of Toronto’s Open Door Initiative, the approach includes a four-piece plan to unlock opportunities on private, public and non-profit land, accelerate the planning-approval process, reduce construction costs through expanded City financial incentives, and challenge the government and developers to increase their affordable housing development efforts.