Housing

Client Profile: Humber Co-operative Development Corporation

May 23rd, 2019 by Iler Campbell

The Humber Condominiums is Options for Homes’ latest development on the market. Options calls The Humber “an affordable modern condominium surrounded by nature and convenience.” And we’re sure the condo on Wilby Cres. in Weston Village will be!

The relationship between Options and Iler Campbell dates back to the ’90s when Brian Iler helped the founder of Options establish a financing model that provides down payment support to purchasers, making home ownership affordable to people who mostly wouldn’t otherwise be able to get into the housing market. That was 25 years ago. Nowadays, the need is even greater. In addition to the benefits to purchasers, the model moves some renters into ownership, which frees up more space in a tight rental market. Over 3,000 new homes have been built using their innovative model, creating great communities of people living in quality homes that are more affordable.

Read the rest of this entry

The LTB has become slooooow. Is there relief on the horizon?

May 10th, 2019 by Celia Chandler

Many of our housing clients have been disappointed recently about the length of time it takes to conduct business at the Landlord and Tenant Board. Rest assured, we are doing our very best to push things along as quickly as we can. The LTB acknowledges the delay on its website:

Over past months, parties have experienced service delays at the Landlord and Tenant Board (LTB). The LTB continues to work with the government to improve its services. A number of experienced adjudicators have recently been reappointed and recruitment is under way to fill other adjudicator vacancies. On January 1, 2019, the LTB became part of the newly created Tribunals Ontario organization. A review will be conducted of all tribunals, including the LTB, to identify areas for improvement to make services more streamlined, cost-effective and efficient.

This is not new – the Toronto Star and the Globe and Mail both reported on the delay, and on the LTB admission of the problem, six months ago. We see no improvement since then.

Read the rest of this entry

Community land trusts a model for community-led land stewardship

April 25th, 2019 by Claudia Pedrero

This article was first published on rabble.ca

Last week marked the first meeting of the Canadian Network of Community Land Trusts held on Canadian soil.

The group’s meeting in Montreal was attended by community land trusts from across Canada, most of them from British Columbia, Ontario, and Quebec. It’s indicative of a rise in popularity of this alternative model of land ownership, as communities grapple with increasingly unaffordable housing prices, and commercial development changes the social, cultural and economic diversity of neighbourhoods. The Canadian Network of Community Land Trusts is seeking to share the collective experience and expertise of Canadian land trusts while expanding the footprint of this model of land ownership.

Read the rest of this entry

Seniors Co-Housing:
Re-Thinking Traditional Housing Models for Canada’s Growing Senior Population

March 28th, 2019 by Brian Iler and Claudia Pedrero

This article was originally prepared for the Ontario Bar Association’s Real Property Law & Elder Law program on March 22, 2019

The Toronto Star recently featured a High Park co-housing project – Wine on the Porch. That project, its story, and a small handful of others like it, has helped spark renewed interest in co-housing (or collaborative housing) in Ontario.

That story began:

“It began half in jest — two couples enjoying their annual weekend getaway, strolling the streets of Stratford, Ont., wistfully admiring the pretty Victorians and wondering aloud about the future.

“Would it be feasible to avoid the loneliness that creeps with age by joining forces in a private home with room for shared meals and laughter and cosy nooks for private chats or reading?”

Read the rest of this entry

Spring event roundup

March 13th, 2019 by Iler Campbell

It’s been a long, snowy winter and we’re more than ready to emerge again to engage with our clients and others in the sector.  Please check us out at these spring events!

Please say “hi” if you’re at these events.   We look forward to seeing you.

When there’s a will, there is a way!
Supreme Court declares Henson Trusts not to be considered assets… for now

January 28th, 2019 by Celia Chandler

On Friday, January 25, 2019, the Supreme Court of Canada released a very important decision for:

  1. people with disabilities who have or will inherit money;
  2. people who are leaving money to people with disabilities; and
  3. housing providers which calculate rent subsidies.

In a decision referred to as S.A. v. Metro Vancouver Housing, the Supreme Court decided that the money left for SA in a Henson Trust is not considered an asset for the purposes of determining eligibility for Metro Vancouver Housing Corporation (MVHC) rental subsidy.

Read the rest of this entry