A concerning report reveals that over half of Toronto Community Housing Corp. (TCHC) homes could fall into critical disrepair within the next decade without additional funding. Despite a $1.3 billion investment since 2017, TCHC faces a looming budget gap as federal funding sunsets in 2028. The agency projects that nearly 30,000 units across 210 developments could be critically deteriorated by 2035, potentially displacing residents and exacerbating homelessness. Rising repair costs and the aging infrastructure, with an average building age of 58 years, contribute to the crisis. Tenants are already experiencing issues like mould, leaks, and structural problems. To learn more about the challenges facing Toronto’s public housing and the potential impact on the GTA, read the full article on The Star.
Source: Read the original article
