The City of Toronto is hosting public consultations starting Monday to obtain input on a new policy that would create mixed-income housing by requiring new residential developments to include affordable housing units, also known as inclusionary zoning.
The use of an inclusionary zoning policy creates inclusive communities by providing affordable housing that keeps pace with the growth of new market housing, resulting in neighbourhoods that offer housing options for a range of incomes and households across the city. Inclusionary zoning, one policy solution to help address Toronto's housing needs, is geared to low- and moderate-income households earning roughly between $35,000 and $88,500 a year, depending on household size.
