New TCHC Building at 150 River St.
Here at RPTV, we're committed to keeping you up to date on new construction in the Regent Park community. As buildings are readying for occupancy, it's important that we reach out to developers to learn more about these projects. We talked with Senior Construction Manager Robert Boyd to learn more about the new development at 150 River St. This development is part of stage three of a five-stage plan to revitalize Regent Park. The end goal is to replace Toronto Community Housing Corporation’s (TCHC) old buildings with newer, safer housing. Though they have the option to leave Regent Park, all community housing residents are guaranteed a unit in one of TCHC’s new buildings. Located at the corner of River St. and Oak St., this 11-storey building contains 158 TCHC community housing units with 33 affordable housing units. The TCHC units are rent-geared-to-income (or RGI), meaning your rent is based 30% of your annual income before taxes. The affordable units, though they are cons