TORONTO - A handful of Toronto community groups buying properties across the city in an effort to keep rents low say the upcoming municipal election could determine whether they’re able to secure thousands more units in the years to come as the ongoing demand for housing shifts focus.
The groups, called community land trusts, say the October election marks an opportunity to lock down — and ideally boost — funding for a municipal program that allows them and other non-profits to buy at-risk rental buildings and keep them affordable for residents.
