September 10, 2015 (Toronto) – The Federation of Rental-housing Providers of Ontario (FRPO) hosted its first new rental housing summit in Toronto yesterday, featuring housing experts, policy makers and the housing provider sector to hear first hand solutions about how to increase the supply of new and affordable rental housing.
This year’s inaugural summit highlighted innovative solutions implemented in Vancouver, BC, and included an engaging discussion panel with City of Vancouver Councillor Geoff Meggs, Vancouver’s Chief Housing Officer, Mukhtar Latif, and the President of Landlord BC, David Hutniak. A think-tank session in the morning was moderated by former Ontario Deputy Minister of Housing Michael Fenn.
The summit was attended by representatives from Ontario government, the City of Toronto, other municipal housing agencies, the Ontario Non Profit Housing Association, the Canadian Cooperative Housing Federation, Evergreen City Works, the Ontario Home Builders Association, as well as other public and private sector housing providers and experts.
All attendees shared a common interest: To provide Ontarians with more affordable rental housing options. The panelists from Vancouver presented highlights from the Rental 100 program which will see an additional 1,000 new rental housing units constructed per year, a five-fold increase from previous levels. The Rental 100 program focuses on removing upfront cost barriers to new rental housing developments in Vancouver.
Many of the attendees agreed that all levels of government must work in partnership with the private and non-profit sectors to build a strong commitment to supplying new rental housing. Public policies must address housing needs across the entire continuum, including homeless shelters, supportive housing, rental housing and more affordable homeownership options.
“This year’s Housing Summit facilitated a constructive forum for housing stakeholders to work together”, said Scott Andison, President & CEO of FRPO. “By considering new and innovative solutions to address Ontarians’ needs for new affordable rental housing, we can succeed in producing positive outcomes for more middle- and lower-income families.”
Background: Removing Barriers to New Rental Housing