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CO-OP HOUSING COULD HELP SOLVE CANADA’S AFFORDABILITY CRISIS, ADVOCATES SAY

Posted in Affordable Housing, Housing, Industry Trends, Newsworthy

CO-OP HOUSING COULD HELP SOLVE CANADA’S AFFORDABILITY CRISIS, ADVOCATES SAY

Ayanna Inniss believes the co-op motion could be a part of the answer to this nation’s housing affordability disaster. The Edmonton-area lady nonetheless remembers the “soul destroying” expertise of in search of reasonably priced housing 20 years in the past, earlier than she moved into the Brittany Lane Housing Co-op within the bed room group of Sherwood Park, Alta. Newly separated on the time and cash-strapped, Inniss stated she visited one run-down residence constructing after one other in...

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CANADA’S UNITED CHURCH TO TURN CHURCHES INTO RENTAL HOMES FOR 34,000 PEOPLE

Posted in Industry Trends, Newsworthy

CANADA’S UNITED CHURCH TO TURN CHURCHES INTO RENTAL HOMES FOR 34,000 PEOPLE

If all goes as planned over the next 15 years, as many as 34,000 people could be housed in the United Church of Canada’s church properties across the country through its redevelopment into mixed-use buildings with rental housing and new replacement congregation spaces. The church will tap into its nationwide portfolio of properties in both larger urban areas and smaller communities, according to the announcement made in a news release earlier this week. To implement the strategy, Kindred...

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HUDSON’S BAY DONATES WINNIPEG STORE TO FIRST NATIONS FOR AFFORDABLE HOUSING

Posted in Affordable Housing, Housing, Industry Trends, Newsworthy

HUDSON’S BAY DONATES WINNIPEG STORE TO FIRST NATIONS FOR AFFORDABLE HOUSING

In a watershed move, Hudson’s Bay Company (HBC) will donate its former flagship department store building in downtown Winnipeg to local First Nations. Under the ownership of the Southern Chiefs’ Organization (SCO), which represents Manitoba’s 34 southern First Nations communities, the building will be redeveloped with a wide range of mixed uses benefiting Indigenous people, while also providing some new life for the city centre. The 1923-built, six-storey department store spans 655,000 sq ft...

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HERE’S WHAT LANDLORDS ARE ALLOWED TO ASK PROSPECTIVE TENANTS

Posted in Newsworthy

HERE’S WHAT LANDLORDS ARE ALLOWED TO ASK PROSPECTIVE TENANTS

The demand for rental units in Canada is on the rise, placing a greater spotlight on the rental application process and landlord-tenant relationships across the country. Finding a suitable candidate for tenancy involves sifting through applications and asking the right questions, said Douglas Levitt, a Toronto-based lawyer with Horlick Levitt Di Lella LLP, whose practice focuses on residential and commercial tenancy law. However, this may be easier said than done, as there isn’t specific...

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TORONTO’S TURNING SOME OF ITS OFFICES INTO HOUSING. ADVOCATES SAY IT’S A ‘MODEL’ FOR OTHER GOVERNMENTS

Posted in Affordable Housing, Development, Housing, Industry Trends, Newsworthy

TORONTO’S TURNING SOME OF ITS OFFICES INTO HOUSING. ADVOCATES SAY IT’S A ‘MODEL’ FOR OTHER GOVERNMENTS

City experts and housing advocates are applauding a move by Toronto council to change the way it manages city-owned buildings — and they’re hoping other cities and governments follow suit. On Wednesday, councillors unanimously passed the next phase of the city’s plan to cut its office footprint from 55 locations to 15, a move it estimates will save more than $30 million annually. Now, the City of Toronto has the go-ahead to renovate eight of its properties in the coming years to...

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AMO REPORT SUGGESTS MADE-IN-ONTARIO FRAMEWORK TO TACKLE HOUSING CRISIS

Posted in Industry Trends, Newsworthy

AMO REPORT SUGGESTS MADE-IN-ONTARIO FRAMEWORK TO TACKLE HOUSING CRISIS

All three levels of government and the development sector have a critical role to play in tackling the housing crisis, according to a new report prepared by the Association of Municipalities of Ontario (AMO). “Bold action and leadership are required from all three orders of government and private, non-profit, and co-operative housing sectors to address the housing crisis in Ontario,” states the introduction of the report called A Blueprint for Action.  “It will take collective, constructive...

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ONTARIO EARMARKS $19M FOR LANDLORD TENANT BOARD IN EFFORT TO REDUCE LONG-STANDING BACKLOG

Posted in Industry Trends, Landlord and Tenant Board, Newsworthy

ONTARIO EARMARKS $19M FOR LANDLORD TENANT BOARD IN EFFORT TO REDUCE LONG-STANDING BACKLOG

The Ontario government announced Friday it will allocate $19 million over three years to help reduce long-standing backlogs at the provincial Landlord and Tenant Board (LTB). The investment is intended to assist the LTB resolve disputes between tenants and landlords faster, the province says. In spring 2020, the LTB shut down for five months due to the pandemic — since then, they’ve been unable to clear a backlog that has seen some cases drawn out for months. “We recognize the important role...

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MOTHER OF 8 AND LANDLORD AT ODDS OVER WHETHER HAMILTON APARTMENT BUILDING’S CONSTRUCTION IS DEMOVICTION

Posted in Industry Trends, Landlord and Tenant Board, Renovations

MOTHER OF 8 AND LANDLORD AT ODDS OVER WHETHER HAMILTON APARTMENT BUILDING’S CONSTRUCTION IS DEMOVICTION

Ubah Shire says her third-floor unit at Ventura Towers in downtown Hamilton has been her family’s home for more than a decade, but most of her eight children have been staying at friends’ houses because she says the apartment has been without heat, water and power for weeks. The 48-year-old Somali-Canadian is accusing the landlord of breaking the law and not doing enough to relocate them, as has been done with other families in the building due to construction. She...

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CANADIAN RENTAL HOUSING ORGANIZATIONS BAND TOGETHER OFFERING SUPPORT FOR UKRAINIANS

Posted in Industry Trends, Media Releases, Newsworthy

CANADIAN RENTAL HOUSING ORGANIZATIONS BAND TOGETHER OFFERING SUPPORT FOR UKRAINIANS

As the conflict in Ukraine continues to unfold, a group of Canada’s largest private and public rental housing providers have come together to offer sympathy and support for the people of Ukraine. Collectively, Boardwalk REIT, CAPREIT, Hazelview Properties, Homestead, InterRent REIT, Minto Apartment REIT, and Starlight Investments (The “Group”), are working together to identify ways to support those impacted by the humanitarian crisis. While each organizations’...

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RENTAL MARKET PROVES ROBUST HOUSING SUPPLY DYNAMICS HELP PEOPLE FIND HOMES

Posted in Affordable Housing, Housing, Newsworthy, Vacancy Rates

RENTAL MARKET PROVES ROBUST HOUSING SUPPLY DYNAMICS HELP PEOPLE FIND HOMES

Owned and rental housing are two sides of the same coin, and they flipped quite distinctively during the pandemic: There were unprecedented increases in the prices and sales of owned housing across the country, while demand for rental housing grew slightly overall, yet slowed in some markets. The demand for rental housing grew in 2021 relative to the previous year, along with the resumption of economic activity, especially in sectors employing young workers, and rising immigrant inflows,...

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