Toronto Inclusionary Zoning By-law

The Toronto Inclusionary Zoning By-law is a policy designed to address affordable housing in new residential developments. It requires developers to set aside a portion of units in their projects for low- and moderate-income households. This means when a new apartment building or condo is built, a certain percentage of the units must be affordable, helping to ensure a mix of income levels in neighborhoods. The by-law aims to combat housing inequality and provide more accessible living options for all residents, promoting diverse and inclusive communities in Toronto.