Toronto Community Housing properties sell-off debate

TCHC recently proposed to sell over 900 city owned homes [funded by tax payers money] to cover their budget shortfall. It is estimated that $650million is needed for repairs. Mayor Rob Ford is proposing to start by selling off 22 dilapidated homes to raise $15,7 million to throw into the repair budget. Tenants living in these single family residences will be affected, but at the same time the capital generated will help 450 families to improve living condition.

• Can the TCHC organization capable of enforcing strict rules to ensure the money goes to the dwelling units most in need of repair?
• Is it more effective to sell off the single family units but keep the multiplex for tenancy?

Related articles:

It's smart to sell TCHC homes

FORD: Sell 928 TCHC homes

Ford plans to sell social housing stock to close budget deficit

22 Houses owned by TCHC one step closer to being sold

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