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Toronto Community Housing Corporation (TCHC) is a public housing agency in Toronto, Ontario. It is the largest social housing provider in Canada with over 58,000 units across 2,100 buildings and approximately 105,000 residents. [1] It is the second-largest housing provider in North America, behind the New York City Housing Authority. [2]
Seaton House is the largest and one of the oldest homeless shelters in Toronto, Ontario, Canada. [ 1 ] [ 2 ] It is located at 339 George Street in the Garden District neighbourhood. The facility is owned by the City of Toronto and operated by the city government's Shelter, Support and Housing Administration.
Short-term rental (STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [1] They are usually seen as an alternative to hotels . "Short stay" rentals are an offshoot of the corporate housing market, [ 2 ] and are also offered by private owners and investors via online platforms such as Airbnb .
An inadequate supply of affordable housing stock increases demand on the private and social rented sector, and in worse case scenarios, results in increased homelessness rates. [52] Homelessness rates are correlated with higher rents, especially in areas where rent exceeds 30% of an area's median income. [53] [54]
Regent Park in Toronto, Ontario, was the first urban renewal project, where 42 acres (17 ha) were cleared to build the 1056-unit, low-rent housing development in 1950. [ 4 ] [ 11 ] Habitations Jeanne-Mance in Montreal, Quebec , is another example.
The 1 percentage point of cuts, though, is still short of the 1.5 percentage points that many traders were forecasting for 2024 at the start of the year. The Fed disappointed investors in December ...
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