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News from Toronto Community Housing  |  April 2015
Interim President and CEO speaks to Board of Trade on need for investing in social housing repairs

Greg Spearn, Interim President and CEO, shared the important findings of an economic impact study in a March 31 speech at the Toronto Region Board of Trade.

The study demonstrates how our 10-year capital repair plan and Revitalization program will support economic growth, create jobs and lead to significant social benefits across the Toronto region over 30 years, while renewing the city’s social housing stock to continue to serve residents' needs.

Visit our website for more information, including Greg Spearn’s remarks and a copy of the full report.
Highlights of economic impact study 

The study clearly identifies how investing to repair and renew Toronto Community Housing’s aging buildings will result in substantial economic and social benefits for the city, province and country. The study also shows that the loss of housing which would result from failing to make these repairs would create significant social, economic, environmental and financial risks.

Without federal and provincial funding, Toronto Community Housing will need to board up over 7,500 homes by 2023. On the other hand, there are many benefits to investing in social housing repairs, including: 
  • First and foremost, decent housing for Toronto Community Housing residents
  • An $18.5-billion boost to GDP
  • 220,000 employment years worth of new jobs
  • $3.8 billion in health care cost savings for government
  • A 15 per cent drop in neighbourhood crime rates
  • 9 per cent less in greenhouse gas emissions
  • Increased property values in surrounding neighbourhoods.
To learn more about the economic, health, social and environmental benefits of investing in social housing, visit torontohousing.ca/capital or read the full report
 
Support our plan 
Any resident who cares about the City of Toronto should take an interest in these numbers. Help us spread the word about these important findings on social media with these sample posts.

Investing in social housing is the right thing to do for #TCHC tenants and the #CityofTO as a whole. Learn more: http://bit.ly/1OUP4NB

Investing in repairing #TCHC homes will create 220,000 employment years of jobs. Learn more: http://bit.ly/1OUP4NB
 
Thousands of Toronto Community Housing tenants vote for new representatives

On March 26, Toronto Community Housing tenants cast their votes for Tenant Representatives who will work with their fellow tenants and staff to build better homes, better communities and a better Toronto for all. In total, 7392 votes were cast at 69 polling stations in communities across the city, and 312 Tenant Representatives will begin their three-year term in April 2015. In addition, there are 141 vacancies that we will strive to fill over the coming months. 

Here’s what some tenants had to say about the elections:

“If you want things done around the building, you have to speak up. Voting is your chance to speak up.” - Alfreda

“I think the elections are important because we need a tenant representative, someone who works hard and takes care of the interest of the tenants.“ - Francis

For more information about the elections, visit our website
 
Selecting two tenants to sit on Toronto Community Housing's Board of Directors 

The process to choose two Toronto Community Housing tenants to join the Board of Directors is underway.

Two new directors will be chosen in a voting process open to the recently-elected Tenant Representatives. This vote will be held from May 12 to May 15. From this process, the names of two nominees and two alternates will be submitted to Toronto City Council, which will then consider the nominees as part of the public appointment process.
 
To learn more about the selection process, visit torontohousing.ca/board.
Contact us

If you have any thoughts or questions about what you have read, please contact us by emailing insidehousing@torontohousing.ca.
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