This section provides resources for administrators on managing affordable housing, including rent and utility allowances.
Through the City's Official Plan and the Municipal Housing Facility By-law, the City of Toronto defines affordable rental housing units as housing where the total monthly shelter cost (rent plus heat, hydro, and hot water, not including parking or internet/cable) is at or below Toronto’s average market rent (AMR) by unit type, as reported each year by the Canada Mortgage and Housing Corporation (CMHC).
Under the terms of a municipal housing project facility agreement (the “Contribution Agreement”), housing providers receive financial contributions from the City including, capital funding and fees relief, that improve the financial viability of the affordable rental housing units.