Toronto housing supply gets another boost from governments

New housing complex to offer units for in-need Torontonians

Toronto housing supply gets another boost from governments

Federal and local governments have announced a joint investment of nearly $3 million to support the development of new affordable housing supply in Toronto.

The custom-designed building, which is situated at 130 River Street, will be owned and operated by L’Arche Toronto Homes.

The housing complex consists of two suites offering single-occupancy rooms, all intended for individuals with intellectual disabilities. The project also includes affordable housing for low-income live-in assistants.

“The project aims to provide safe, accessible, and intentional living accommodations and a barrier-free and inclusive environment,” according to the Canada Mortgage and Housing Corporation.

“This affordable, fully accessible and barrier-free home, in a specially designed condominium unit, will allow us to welcome new members who have physical and other disabilities,” added Raphael Arens, executive director of L’Arche Toronto Homes. “As well, individuals will have the opportunity to age ‘in place’ longer with opportunities for personal growth and be actively involved in the community surrounded by a complete circle of support.”

Work on the building is nearing completion, and it is expected to begin operations in April 2023.