TCHC and the City of Toronto partner for increased State of Good Repair funding in 2025 Budget

Delivering services for tenants and State of Good Repair (SOGR) work are at the core of Toronto Community Housing’s (TCHC) 2025 Budget, which was deemed adopted at Toronto City Council on February 11, 2025. 

TCHC continues to see increasing complexity of tenant needs within its communities. As a result, chronically vulnerable buildings have higher costs to operate and need greater support. Throughout the budget process, TCHC and the City worked together on identifying and bringing forward strategies to tackle these growing demands.

As a result of this partnership with the City, TCHC’s 2025 Operating Budget is a balanced budget that ensures continuity of services with added investments to support some of our more vulnerable tenants. The 2025 Capital Budget also provides long-term funding for TCHC to address our SOGR backlog, allowing TCHC to maintain its housing portfolio.

Of particular importance, the City stepped up to support TCHC with a ten-year commitment of $460 million to fund the organization's capital projects representing a 25 per cent year-over-year increase in TCHC's capital repair work. This is part of a larger commitment by the City to support addressing SOGR with an added investment of $371 million between 2025 and 2034, made possible in part by the Ontario-Toronto New Deal, specifically the upload of the F. G. Gardiner Expressway and Don Valley Parkway to the Province. 

TCHC’s 2025 Operating & Capital Budget

Item

2025 Budget

Operating

$656.3 million

Capital

$611.7 million

       Building renewal capital

$379.9 million

       Development capital

$175.5 million

       IT and Corporate capital

$17.0 million

       Decarbonization (new)

$38.5 million

       Community and tenant support (new)

$0.7 million


Priority actions for 2025

Strengthening services to support tenants

  • TCHC is committed to delivering responsive and compassionate services to tenants. This includes addressing operational needs—such as maintenance and work orders—and the specialized services and support for high-need buildings and communities.

Empowering tenants and communities

  • Through local improvement projects, TCHC will empower tenants and communities to engage with the organization in creating vibrant neighbourhoods of their own design.

SOGR, capital planning, and climate action

  • TCHC will implement its Capital and Revitalization Plans to maintain its properties in good repair. This includes focusing on long-term asset management that meets net-zero goals, building condition targets, and the Urgently Building More Homes mandate from the City.

Organizational effectiveness and compliance

  • TCHC is prioritizing investments in financial sustainability, data intelligence, cybersecurity, and compliance to improve data-driven decision-making. This investment will also assist in anticipating challenges, reducing risks, ensuring predictable funding, and maintaining trust with all stakeholders.

To learn more about the 2025 Budget, including key investment highlights and the outcomes TCHC aims to achieve, you can read the 2025 Budget backgrounder (PDF).

Quote

“The City of Toronto and Mayor Olivia Chow have demonstrated a deep commitment to community housing. With the City’s ten-year, $460 million investment in TCHC's State of Good Repair budget, I’m confident that we have partners who want to protect, maintain and grow community housing for the benefit of TCHC tenants and all Torontonians.”

– Sean Baird, President and Chief Executive Officer, TCHC