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News from Toronto Community Housing  |  January 2015

Statement from Toronto Community Housing on independent Housing Task Force


Board Chair Bud Purves and Interim President and CEO Greg Spearn issued a joint statement welcoming Mayor John Tory's announcement of the independent Housing Task Force.

"We thank Mayor Tory for taking positive steps to engage all stakeholders in finding lasting and effective solutions to the challenges Toronto Community Housing faces. We welcome the creation of the task force and look forward to working with Senator Eggleton and the other task force members."

The full statement is available on our website.
New ice rink in Regent Park
On January 3, representatives from MLSE Foundation, Hockey Canada, the City of Toronto, Toronto Community Housing and the Daniels Corporation were on hand to open the revitalized hockey rink in Regent Park.

Visit our website to find out more and to see more photos from the day.

2015 capital plan

Toronto Community Housing's 2015 budget ramps up our spending on capital repairs to address the growing needs of our buildings across the city.

We are accelerating our record investments in capital repairs to our homes to improve quality of life for residents.

Find out more about our plan on our website.
Capital Repairs Map
Our capital program in 2014, the second year of our $2.6 billion 10-year capital plan, includes over 500 large-scale capital repair projects in 261 developments across the city, representing 70 per cent of our portfolio. Our 2015 capital plan will continue to see us invest in major capital repair projects.

Visit our website to see an interactive map of our 2014 capital repair projects that shows the impact of our investment in communities right across the city.
 

New resident engagement system coming soon


Toronto Community Housing is moving forward on designing a new resident engagement system.

Shortly, residents will have the opportunity to attend meetings in their communities to provide feedback that will help shape the system. Resident elections will be held this spring.

Also happening this year, residents will select two residents for recommendation to City Council to serve as tenant representatives on Toronto Community Housing's Board of Directors.

More details are available on our website.

Standard and Poor's Ratings Service affirms Toronto Community Housing's AA- credit rating


Standard and Poor’s Rating Services affirmed its 'AA-' long-term issuer credit rating on Toronto Community Housing. The outlook is stable. In part, the ratings reflect Standard and Poor’s assessment of Toronto Community Housing’s strong liquidity, low debt levels, and solid enterprise profile.

View the report on our website.
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