I'm sick and tired of hearing about the TCHC repair back log like what is being reported in this CTV news article. The answer is relatively simple. Never mind going to the provincial and federal governments for a one time hand out equivalent to two thirds of your budgetary needs. Have your tenants do it for you!
Here let me explain ...
As it currently stands one third of the money needed to complete all the necessary repairs is already in the pot.
It is a well documented fact that 90% of TCHC tenants are in rent geared to income (RGI) units.
A little known fact is that that 90% resident base is paying less than a third of maximum shelter allowance permitted according to current social assistance rates. For instance, a single individual on ODSP is allowed $479 per month in shelter allowance. Yet, TCHC calculates their rent at approximately $140 per month. (Less than a third of the maximum allowed.)
I understand that rent geared to income is historically based on a third of any given households income. It is a firmly held belief that the principle of RGI be shifted to reflect the actual tenant population.
For those in subsidized units that work charge one third of their earned income. Otherwise, those that are on social assistance should be charged the maximum shelter allowance provided by their specific benefit provider .(The only caveat I would include is that ALL subsidized units from that point forward would include heat and hydro.)
That way TCHC rent calculations will become immediately transparent. TCHC will also have a steady influx of funds that would be better able to meet their repair backlog and preventative maintenance needs. They could also lock in that funding by making it mandatory for OW and ODSP recipients to pay their rent directly.
As for the mainstream media coverage ... Is there no such thing as investigative journalism any more?