An Act to provide for affordable housing on the Toronto waterfront and on the site of the XXIX Summer Olympics
Her Majesty, by and with the advice and consent of the Legislative Assembly of the Province of Ontario, enacts as follows:
1. In this Act, "
affordable housing" means housing whose carrying costs are no more than 30 per cent of the monthly gross income of all members of a low income household of a size that the housing is designed to house; ("logement prix abordable") "
carrying costs" means, in relation to housing, the sum of the following costs associated with the housing:
1.If the housing is owned by any of its occupants, the monthly payments in respect of principal and interest for the mortgage on the housing.
2.If the housing is a condominium, the monthly operating costs paid to the condominium corporation.
3.If the housing is rented by its occupants, the monthly rent paid for the housing.
4.If the housing is in a non-profit co-operative under the Co-operative Corporations Act, the charges a non-profit housing co-operative charges its members.
5.If the occupants are responsible for paying utilities, the cost of utilities per month.
6.If the occupants are responsible for paying property taxes, the cost of property taxes per month; ("frais de possession") "
low income household" means a household, each of whose member's gross income is less than the gross income of 70 per cent of the residents of Toronto; ("mnage faible revenu") "
non-profit housing" means housing with all of the following attributes:
1.The housing is provided by a corporation without share capital.
2.The housing units at each site are intended to be occupied by residents with a range of incomes.
3.Approximately 50 per cent of the housing units at each site are intended to be occupied by households of low or modest income, whose housing costs are subsidized. ("logement sans but lucratif") "
Olympic Games" means the 2008 XXIX Summer Olympic Games. ("Jeux olympiques") "
Olympic Games residence" means a building and land associated with it, designed for residential occupation, located on the site of the Olympic Games in the City of Toronto and used in connection with the Games; ("rsidence olympique") "
prescribed" means prescribed by the regulations; ("prescrit") "
regulations" means the regulations made under this Act; ("rglements") "
Toronto waterfront" means land with prescribed boundaries in the City of Toronto, that is related to the shore of Lake Ontario, and includes,
(a)land with prescribed boundaries commonly known as of December 1, 1999 as the West Donlands, owned by the Crown in right of Ontario, and
(b)land with prescribed boundaries commonly known as the Port Lands. ("secteur riverain de Toronto")
Housing on Olympic site
2. If the International Olympic Committee decides to hold the Olympic Games in the City of Toronto, within 18 months after the end of the Olympic Games, every Olympic Games residence shall be converted to non-profit housing.
Affordable waterfront housing
3. (1)At least 25 per cent of the housing built on the Toronto waterfront after this Act comes into force shall be affordable housing.
(2)The Minister of Finance shall consider extending public subsidies for the purpose of compliance with subsection (1).
Reinvestment in non-profit housing
4. If the Crown in right of Ontario sells Crown land that is part of the Toronto waterfront to a person who is not a public authority, the Minister of Finance shall consider funding the construction of non-profit housing on the Toronto waterfront, in an amount equal to the price of the land sold.
5. (1)Compliance with this Act is a condition that runs with and binds all land to which this Act applies.
(2)Any person may apply to the Superior Court of Justice for an order enforcing this Act against any person who owns or occupies land to which this Act applies.
6. (1)If this Act, a regulation or an order made under subsection 5 (2) conflicts with the Planning Act, or a regulation or order made under the Planning Act, this Act or the regulation or order made under it prevails.
(2)No order of the Minister of Municipal Affairs and Housing made under the Planning Act applies to the Toronto waterfront unless the order is approved by a by-law made by the council of the City of Toronto.
7. This Act binds the Crown.
8. The Lieutenant Governor in Council may make regulations about any matter that this Act refers to as prescribed.
9.This Act comes into force on the day it receives Royal Assent.
10.The short title of this Act is the Toronto Waterfront Fair Housing Act, 1999.
The Bill requires every Olympic Games residence to be converted to non-profit housing after the Games end, if the International Olympic Committee decides to hold the Olympic Games in the City of Toronto.
The Bill requires at least 25 per cent of the housing built on the Toronto waterfront, after the Bill comes into force, to be affordable housing.
The Bill requires the Minister of Finance to consider funding the construction of non-profit housing near the Toronto waterfront, in an amount equal to the price of any Crown land on the waterfront sold to a person who is not a public authority.
No order of the Minister of Municipal Affairs and Housing made under the Planning Act applies to the Toronto waterfront unless the order is approved by a by-law made by the council of the City of Toronto.