Become the new landlord for all tenants living in the stand-alone houses. Circle will assume responsibility for all debts and operating costs associated with the houses and receive rents and rent subsidies

Refinance the houses to bring them to a good state of repair. Over the next ten years, Circle will secure $70 Million to eliminate the capital backlog on these houses. We also have a robust maintenance budget for day-to-day repairs and will contribute money each year to a reserve fun for future capital needs.

Launch a major capital
renewal program with a focus on tenant health and safety, habitability and reducing each house’s environmental footprint.

Maintain and increase the number of rent-geared-to-income houses. This ensures the houses continue to serve families with low and moderate incomes

Partner with Wigwamen Incorporated and Sojourn House to refer and support Indigenous and refugee families

Be publicly accountable.
Circle will be accountable under an operating agreement with the City of Toronto.