Decisions · Executive Committee — 2025-04-14

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Executive Committee · 2025-04-14

10 structured lines in this file · ward references on 4 lines.

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Approved / confirmed: 8
Amended: 2

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Towards a Beautiful City - A Path Forward — amended
Amended
Resignation from the FIFA World Cup 2026 Subcommittee, Member App… — amended
Amended
Interim Update- Delivery of Affordable Rental Homes in Quayside-… — approved
Keyword/status match
2025 Education Property Tax Levy and Clawback Rate By-Law — approved
Keyword/status match
Community Parking at Terminus Transit Stations at Sheppard-McCowa… — approved
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10 lines in this record.

2025.EX22.1
Interim Update- Delivery of Affordable Rental Homes in Quayside- Phase 1
Outcome: Adopted
Ward: 10 - Spadina - Fort York
2025.EX22.3
Towards a Beautiful City - A Path Forward
Outcome: Amended
Ward: All
2025.EX22.4
2025 Education Property Tax Levy and Clawback Rate By-Law
Outcome: Adopted
Ward: All
2025.EX22.7
Resignation from the FIFA World Cup 2026 Subcommittee, Member Appointment to Fill Vacancy of Chair and the Appointment of Vice Chair
Outcome: Amended
Ward: All
2025.EX22.8
Community Parking at Terminus Transit Stations at Sheppard-McCowan Station
Outcome: Adopted
Ward: 23 - Scarborough North
2025.EX22.9
Mayor’s Economic Action Plan in Response to United States Tariffs - Update to Council
Outcome: Adopted
Ward: All
2025.EX22.10
Build More Homes: Identifying Opportunities for More Purpose-Built Rental Housing
Outcome: Adopted
Ward: All
2025.EX22.2
Advancing the George Street Revitalization Project
Outcome: Adopted
Ward: 13 - Toronto Centre
2025.EX22.5
Amendments to Municipal Code Chapter 190, Polling and Notification including Lowering the Polling Age
Outcome: Adopted
Ward: All
2025.EX22.6
Report from the Mayor’s Designate to the Sao Paulo Urban Summit and Urban 20 Rio Summit
Outcome: Adopted
Ward: All

#	Subject	Outcome	Wards
2025.EX22.1	Interim Update- Delivery of Affordable Rental Homes in Quayside- Phase 1	Adopted	10 - Spadina - Fort York
2025.EX22.3	Towards a Beautiful City - A Path Forward	Amended	All
2025.EX22.4	2025 Education Property Tax Levy and Clawback Rate By-Law	Adopted	All
2025.EX22.7	Resignation from the FIFA World Cup 2026 Subcommittee, Member Appointment to Fill Vacancy of Chair and the Appointment of Vice Chair	Amended	All
2025.EX22.8	Community Parking at Terminus Transit Stations at Sheppard-McCowan Station	Adopted	23 - Scarborough North
2025.EX22.9	Mayor’s Economic Action Plan in Response to United States Tariffs - Update to Council	Adopted	All
2025.EX22.10	Build More Homes: Identifying Opportunities for More Purpose-Built Rental Housing	Adopted	All
2025.EX22.2	Advancing the George Street Revitalization Project	Adopted	13 - Toronto Centre
2025.EX22.5	Amendments to Municipal Code Chapter 190, Polling and Notification including Lowering the Polling Age	Adopted	All
2025.EX22.6	Report from the Mayor’s Designate to the Sao Paulo Urban Summit and Urban 20 Rio Summit	Adopted	All

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Interim Update- Delivery of Affordable Rental Homes in Quayside- Phase 1

2025.EX22.1

This report provides an interim update on the work done since the adoption of the Quayside Business Implementation Plan in 2022 to realize the significant housing objectives in Quayside-Phase 1.   In partnership with Waterfront Toronto (WT), Quayside Impact Limited Partnership (QILP), and Canada Mortgage and Housing Corporation (CMHC), the City has been able to:   - maximize the number of affordable rental homes and prioritize delivery of purpose-built rental homes; - establish a delivery model that will result in the City retaining the ownership of land where affordable rental homes will be located in perpetuity; - advance the funding and financing plan for the affordable rental housing component from the City, WT, and CMHC; and - accelerate timelines to start construction in 2026 and have affordable rental homes reaching completion starting in late 2030.   With the softening of the condo market, the City, QILP, and WT have worked on an accelerated plan to maximize the number of affordable rental homes that can be delivered in the first phase, prioritizing the delivery of purpose-built rental homes on an expedited basis. As the result, it is estimated that approximately 550 affordable rental and 1,267 purpose-built rental homes will be delivered by 2030-31 (final home count dependant on final design). This is an improvement upon the number of affordable rental homes that were identified in the July 2024 re-zoning application, which was 458.    This report responds to a commitment under the federal Housing Accelerator Fund to provide an update on the delivery plan for the affordable rental homes in Quayside in April 2025.