The City of Toronto released a draft 10-year housing strategy called Housing Opportunities Toronto (HOT) on which outlines a plan is to create 209,000 new and renovated affordable homes over the next decade. The Wellesley Institute has a in-depth "Backgrounder on Toronto's 10 Year Housing Strategy" (in PDF). Read the original draft plan and press release on the City of Toronto's Housing Opportunities Toronto (HOT) site.