Thunder Bay one of nine municipalities on track to meet 2023 provincial housing targets

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Ontario Construction News staff writer

The City of Thunder Bay is one of just a few Ontario municipalities to meet new provincial housing targets for 2023.

According to the province’s housing tracker, 50 Ontario municipalities were given targets and just nine are expected to reach their numbers.

Ontario has set a goal of building at least 1.5 million homes by 2031. To meet this goal, large and growing municipalities have been assigned housing targets.

A tracker compares yearly new home construction starts in municipalities against housing targets for 2031.

On Oct. 25, the following municipalities are expected to meet their housing targets for this year:.

Chatham-Kent

  • 10 Year Housing Target: 1,100
  • 2023 Target: 81
  • 2023 Housing Starts: 244

Greater Sudbury

  • 10 Year Housing Target: 3,800
  • 2023 Target: 275
  • 2023 Housing Starts: 252

Guelph

  • 10 Year Housing Target: 18,000
  • 2023 Target: 1,330
  • 2023 Housing Starts: 1,083

Town of Innisfil

  • 10 Year Housing Target: 6,300
  • 2023 Target: 462
  • 2023 Housing Starts: 472

Kingston

  • 10 Year Housing Target: 8,000
  • 2023 Target: 587
  • 2023 Housing Starts: 766

Pickering

  • 10 Year Housing Target: 13,000
  • 2023 Target: 953
  • 2023 Housing Starts: 951

Sarnia

  • 10 Year Housing Target: 1,000
  • 2023 Target: 73
  • 2023 Housing Starts: 81

Sault Ste. Marie

  • 10 Year Housing Target: 1,500
  • 2023 Target: 110
  • 2023 Housing Starts: 102

Thunder Bay

  • 10 Year Housing Target: 2,200
  • 2023 Target: 161
  • 2023 Housing Starts: 167

Toronto

  • 10 Year Housing Target: 285,000
  • 2023 Target: 20,900
  • 2023 Housing Starts: 26,140

Welland

  • 10 Year Housing Target: 4,300
  • 2023 Target: 315
  • 2023 Housing Starts: 513

Whitchurch-Stouffville

  • 10 Year Housing Target: 6,500
  • 2023 Target: 477
  • 2023 Housing Starts: 694

In Thunder Bay, 167 new housing units include a 60-unit apartment building, started construction this year and some municipal officials have said they are sceptical about the target of building 2,200 housing units by 2031.

However, Mayor Ken Boshcoff says the provincial target is “ambitious but achievable” and the city has changed zoning rules to allow fourplexes, backyard homes, and additions to existing houses.

The provincial tracker does not include additional units built within existing homes, long-term care homes, or student housing.

Municipalities that achieve 80 per cent or more of their yearly targets are eligible for a cut of the province’s new $1.2-billion “Building Faster Fund.” That translates into about $600,000 for Thunder Bay.

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