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Inclusionary Zoning Report.pdf

9730-CityPlanning-IZ-Assessment-Report-Need-and-Demand-2020-update.pdf
Preview of Inclusionary Zoning Report
🔗 Source: toronto.ca
📊 Size: 4.63 MB
👤 Author: City Planning
⬇️ Downloads: 44

Summary

The City of Toronto proposes to implement inclusionary zoning policies, requiring affordable housing units in new developments. An assessment report analyzes demographics, income, housing supply, and demand, finding that renters comprise 47% of households, with a 17% increase over 10 years, outpacing owner growth. Renters are more mobile, with 22% moving in 2015-2016, and face increasing rents, with 23% of renter households paying over 50% of their income on housing, a 21% increase over 10 years. Despite growth in rental supply, affordability has not improved, particularly in central areas.

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Description

The City of Toronto proposes to implement inclusionary zoning policies, requiring affordable housing units in new developments.

Technical Information

  • File Format: PDF
  • File Size: 4.63 MB
  • Pages: 65
  • Language: EN
  • Author: City Planning
  • Total Downloads: 44
  • Last Updated: 2 months ago

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