How Rob Ford Can Fix Social Housing
I have an opinionÂ piece in today’s Toronto Star regarding Toronto’s Mayor, Rob Ford, and the Toronto Community Housing Corporation (TCHC).
Mr. Ford would like to see a considerable number of units from TCHC’s existing stock sold off.Â ForÂ background on the issue, pleaseÂ my blog post of April 13, whichÂ can be found here.
In today’s piece, I argue that it is more cost effective to fix already-existingÂ public housing units than it is to build new ones from scratch.Â I also argue that the Mayor should use his political clout to lobbyÂ both the Prime Minister andÂ Premier ofÂ Ontario to reinvestÂ inÂ already-existing housing stock, especially in lightÂ of the fact that funding agreements for those units (which were signed several decades ago) are now starting to expire, leavingÂ TCHC with insufficient capacity to undertake important repairs toÂ its housingÂ stock.
Nick Falvo is a Calgary-based research consultant. He has a PhD in public policy.