TCHC’s 2026 budget focused on tenant services, State of Good Repair and partnering with the City of Toronto on new affordable housing

Continued investment in the delivery and maintenance of services for tenants is at the heart of Toronto Community Housing’s (TCHC) 2026 budget, which was deemed adopted by the City of Toronto yesterday (Tuesday, February 10) at a Special Meeting of the Council.  

TCHC’s $666.2 million Operating budget provides a balanced approach to service delivery with a modest 1.5 per cent year-over-year increase.  

The $524.3 million 2026 Capital budget includes a $33 million incremental investment from the City. The 10-year Capital Plan (2026-35) includes $276 million incremental funding commitment from the City. This reflects TCHC’s focus on preserving, renewing, and upgrading critical building units to provide safe, clean, quality homes and living environment for tenants (State of Good Repair Capital) as well as the creation of new affordable housing assets (Development Capital).

Given the limited revenue tools available to TCHC, the 2026 budget demonstrates the organization’s ongoing drive to improve processes and find efficiencies to deliver long-term financial sustainability and overall success in meeting the needs of our tenants.  

TCHC’s 2026 Operating and Capital budget

2026 Priority actions

Support safe, healthy and inclusive tenant communities​

• Champion a community-based approach to safety, working with tenants, police, local safety organizations and collaborating with a range of service and program delivery partners to help plan, design, and implement safety initiatives​.

Improve the cleanliness maintenance and accessibility of buildings​

• Establish clear service delivery standards to improve the cleanliness, maintenance and accessibility of our buildings and show the impact of a good standard of maintenance. ​
• Prioritize repairs and upgrades that improve accessibility, improve the readiness of homes to support tenants with different abilities.​

Strengthening TCHC’s affordable housing portfolio to deliver critical housing to Torontonians​

• TCHC will continue to be a key player in the Toronto Builds strategy to accelerate the delivery of new affordable and mixed-income housing.​

Fostering a collaborative, diverse, and thriving workplace​

• Make resources and training available for mental health and wellbeing, provide resources, skills and systems to create a safer and more supportive work environment, with a focus on customer service, cultural sensitivity, anti-Black racism, and trauma-informed care.​

Improving TCHC’s ability to lead, learn, and innovate​

• Offer TCHC’s expertise to support all levels of government in making decisions about new housing policy and funding. ​
• Expand data and analytics and evidence-based decision-making, data governance, better tracking of tenant demographics, support needs, and building-level issues and impact reporting​.

Quotes

“The affordable housing crisis continues to grow and the cost-of-living is rising. Sustained funding for TCHC has never been more important. As Canada’s largest social housing provider and biggest builder of new affordable housing units, TCHC plays a crucial role in mitigating these pressures and our 2026 budget will help us do that for tenants, the City, and all Torontonians.”

– Sean Baird, President and Chief Executive Officer