FOR IMMEDIATE RELEASE
Press Release: Councillor Josh Colle and Toronto's Housing Advocate Deputy Mayor Ana Bailão welcome City Council's unanimous support for St. Hilda's seniors housing modernization
Toronto, June 28, 2018 – City Council unanimously adopted a funding model and modernization strategy to ensure the long-term sustainability of affordable seniors housing in the Dufferin and Eglinton area of Ward 15 Eglinton-Lawrence. The full modernization program with an estimated cost of $38.2 million, funded and financed by a variety of available government funding streams, will preserve the affordable homes in the St. Hilda's buildings, demonstrating the City of Toronto's commitment to support affordable housing for seniors.
With a total of 461 units in three residential social housing buildings located at the corner of Dufferin Street and Eglinton Avenue West, St. Hilda's has provided affordable housing and care for seniors for more than 40 years. In recent years, St. Hilda's has experienced financial difficulty due to high vacancy rates of over 60% resulting from capital repair issues and an unsustainable operating model. In 2017, St. Hilda's approached the City seeking urgent support to modernize its structures, amenities and operational strategy.
"I'm pleased that City Council has unanimously supported the funding and modernization strategy for St. Hilda's," said Councillor Josh Colle. "This is a crucial step in making sure that the housing and care needs of Toronto's seniors are top priority. St. Hilda's many years of experience serving this community offers a big advantage. This is a definite win for our older residents."
"I am proud to have worked with Councillor Colle, City staff and St. Hilda's to help secure the modernization strategy that will ensure we have affordable seniors housing at Dufferin and Eglinton for generations to come," stated Toronto's Housing Advocate Deputy Mayor Ana Bailão. "We must continue our efforts to support our seniors and safeguard affordable housing for Torontonians."
City Council also approved $750,000 to undertake necessary technical studies while approving the first application for funding to the federal government under the recently announced 10-year National Housing Co-Investment Fund.
As part of the motion's 12 recommendations approved by Council, the Director of the Affordable Housing Office and the General Manager of Shelter, Support and Housing Administration will provide a status update on the full modernization project in early 2019.
For more information:
Councillor Colle's Office
Stas Ukhanov, 416-392-4027, firstname.lastname@example.org
Deputy Mayor Bailão's Office
Robert Cerjanec, 416-338-5274, email@example.com
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