With affordable housing a hot-button issue for Toronto and region, the Province of Ontario has been hosting stakeholder workshops to receive input on how to increase housing supply. The Ryerson University City Building Institute (CBI) participated in these stakeholder consultations and produced a written submission.
For many years now, the CBI’s research has concluded that the solution to affordability lies not in simply more supply, but in delivering the right supply in the right locations. The university’s submission to the Province restates and underscores this assertion.
The market continues to build new subdivisions and new high-rise buildings at high density nodes. However, this supply does not always match up with the needs of Ontarians. As a result, Ontario’s Housing Supply Strategy should focus on what the market is failing to deliver: Missing-Middle housing, purpose-built rental units and larger family-friendly condominium units.
The challenge in delivering the “Right Supply in the Right Locations” is that a broad focus on cutting red tape instead leads to more of the same, i.e. more small units at high density nodes and more greenfield development at our urban periphery. For this reason, the Ryerson CBI team have provided focused policy recommendations, including:
- Require comprehensive land supply assessments that study all potential development sites across a municipality, with a focus on understanding potential intensification sites.
- Expand permissions for triplexes, fourplexes, (stacked) townhouses, walkup and low-rise apartments, and accessory dwelling units.
- Defer collection of development charges for purpose-built rental units until they have been completed and successfully rented.
- Set minimum two- and three-bedroom unit requirements for developments with more than 40 residential units.
A version of this release was originally published on the Ryerson CBI website, linked here. You can also download a full copy of the report via the link.