Toronto City Council Waives Development Charges On Sixplexes

AI Article Summary
Toronto City Council has waived development charges and parkland dedications for sixplex units, following a motion by Mayor Olivia Chow. This aims to make the development of these residences more feasible, addressing the 'missing middle' housing issue. However, the city is still at risk of losing federal funding as it has not yet approved city-wide sixplex developments, a milestone in its Housing Accelerator Fund agreement. Federal Housing Minister Gregor Robertson expressed disappointment over Toronto's reluctance to legalize sixplexes city-wide, warning of potential financial repercussions.