Toronto faces a six-month deadline to meet the conditions of a housing agreement with Ottawa, risking the loss of $30 million in federal housing funds. Federal Housing Minister Gregor Robertson expressed disappointment over the city council's recent vote rejecting citywide sixplexes, which is essential for addressing the housing crisis. He communicated to Mayor Olivia Chow the importance of adhering to commitments made under the Housing Accelerator Fund Agreement. The government will reassess the agreement in January, urging Toronto to provide viable housing solutions to maintain funding eligibility.
Federal Housing Minister Gregor Robertson expressed disappointment over Toronto city council's vote against allowing sixplexes citywide, a key condition for federal housing funding.
Robertson emphasized the need for Toronto to lead in addressing the housing crisis, stating that the city risks losing $30 million in federal funds.
In his letter to Mayor Olivia Chow, Robertson highlighted that the council's decision contradicts the ambitious commitments made in the Housing Accelerator Fund Agreement.
Robertson mentioned the possibility of reduced funding if Toronto fails to meet the terms of the agreement, showcasing the urgency of the housing situation.
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