Chow has laid out a number of renter-centric goals over the course of her campaign. One of her earlier promises was that she will establish a Renters Action Committee composed of City staff, renters, housing providers, and advocates. This dedicated task force would create anti-renoviction bylaws, advocate for real rent control, and review existing policies and programs related to renters.
Chow has said that she will double the reach of Toronto’s rent bank to help 5,500 people each year and triple the reach of the Eviction Prevention in the Community program to help over 3,000 people a year. to 3%. She intends to use those funds to support the City’s existing affordable housing initiatives, including rent supplements.
Chow has additionally proposed raising the Municipal Land Transfer Tax on luxury homes, with new graduated rates on purchases of homes valued at over a number of certain thresholds. Those funds, garnered from less than 2% of home sales each year, will go towards supporting those experiencing homelessness.As Toronto continues to grapple with a worsening housing crisis, Chow has vowed to build 25,000 rent-controlled homes over the next eight years on City-owned land.