Toronto should look towards alternative ways of providing public housing by entering into new partnerships or by selling the Toronto Community Housing Corporation to a third party.
Pros: Increases accountability of public servants, improved management has the potential to reduce waiting list time and restore public confidence in the TCHC, essential for expanding the supply of affordable units.
Cons: The private sector has different mandates and accountability standards than public sector, providing affordable housing to residents is an essential municipal service, alternative strategies, such as increasing provincial and federal contributions to the operating and maintenance of TCHC properties, rather than privatization, is in the best interested of city residents.
Toronto should look towards a new model of delivering public housing that shifts responsibility from the city to private sector property management firms and landlords. The TCHC is reeling from years of scandals, tens of thousands of families languishing on waitlists for units, and crumbling housing stock. The City should enter into a partnership or sell the Toronto Community Housing Corporation to offload responsibilities. Utilizing the skills and experience of an independent professional organization will produce a new operating culture and improve living conditions and services to tenants. Privatization is a financially responsible way to improve the efficiency of the TCHC as well as free up the city to concentrate resources on other sectors. Alternatively, the city could advocate for increased financial contributions from Provincial and Federal governments.
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