Feds cut $10 million from Toronto housing fund after sixplex vote

The federal government reduced Toronto's Housing Accelerator Fund allocation by $10 million after finding the city non‑compliant with its 2023 agreement; the minister said the issue was council's decision not to legalize six‑unit multiplexes citywide.

The federal government has reduced Toronto's share of the Housing Accelerator Fund by $10 million after finding the city did not fully meet its commitments under the 2023 agreement. Canada Mortgage and Housing Corporation announced the finding of "non‑compliant" in a Friday release. In a letter to Mayor Olivia Chow also released Friday, Housing and Infrastructure Minister Gregor Robertson identified council's failure to legalize six‑unit multiplexes citywide as the sticking point. The mayor's office said the cut is about two per cent of the city's original allocation and that Toronto remains on track to receive the remainder. Key facts: - The federal reduction is $10 million from Toronto's HAF allocation, announced by CMHC as a finding of non‑compliance. - Minister Gregor Robertson indicated the issue was council's decision not to legalize six‑unit multiplexes across the city. - Toronto council had pledged wider permissions but approved sixplexes in only nine of 25 wards in June. - Robertson said the $10 million adjustment reflects the sixplex decision and progress on other initiatives under the agreement. - The city noted the original HAF allocation was $471 million over four years and said it is still on track to receive about $461 million, citing recent rezoning to allow more multi‑unit housing types. Summary: The federal adjustment lowers Toronto's HAF allocation by $10 million, with officials saying it reflects the city's sixplex zoning decision and other program progress. The city maintains it will receive the remainder of its funding and highlights recent rezoning changes to permit more multi‑unit housing. Undetermined at this time.