Markets 
Construction work is underway in Toronto for new rent-controlled housing on city-owned land near Trinity Bellwoods Park.
On Monday, Toronto Mayor Olivia Chow stood alongside federal officials at the site to promote the milestone for a project the city says will bring 74 new homes, many of which will have two or three units.
“Today, we’re turning City-owned land into new rental housing, including affordable and family-sized homes,” Chow said.
Get daily National news
Get daily Canada news delivered to your inbox so you’ll never miss the day’s top stories.
“By working with Build Canada Homes, we’re building the housing Toronto needs so people who work here can afford to live here. Together, we’re delivering a more affordable and caring city for everyone.”
The site of the project is a former parking lot owned by the city, with work being led by Toronto’s CreateTO division.
Funding from the federal government’s Build Canada Homes program is helping to deliver the project.
Read the full article here
