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Feds invest $40M in deeply affordable, accessible Toronto highrise project

“This is the largest capital grant we’ve ever received in our 50 year history,” said Bryan Keshen, CEO of Reena, the non-profit undertaking the housing project, calling it the organization’s most ambitious housing project to date.

Published Nov 14, 2023 at 6:39pm

Joseph Coppolino
By
Joseph Coppolino
Feds invest $40M in deeply affordable, accessible Toronto highrise project
A photo of the groundbreaking for the housing project. (Reena photo)

A more than $40 million investment from the Government of Canada is helping to bring a unique housing high-rise to Toronto, providing affordable and supportive housing to more than 100 vulnerable residents living with a range of disabilities, both physical and cognitive.

On Friday, on behalf of Housing Minister Sean Fraser, Marco Mendicino, Liberal MP for Eglington-Lawrence, announced the proposed Frankfort Family Reena Residence in the York neighbourhood of Toronto will receive $43.9 million in funding through the federal government’s Rapid Housing Initiative (RHI).

With a completion date expected sometime in the winter of 2024, the 20-storey, 106 unit building will provide deeply affordable housing for individuals and families living with developmental disabilities (autism, brain injury, down syndrome, and pervasive developmental disorder), adults with physical disabilities and mental health challenges, as well as seniors with cognitive decline.

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