A new report is recommending Toronto City Council make a housing pledge to achieve or exceed the provincial housing target of 285,000 new Toronto homes by 2031. 

The target, according to a release, is an ambitious goal and a call to action for the City, other orders of government and stakeholders.

The Planning and Housing Committee will consider the staff report next week, recommending Council endorse Toronto’s Municipal Housing Pledge, as requested by the province.

The housing target represents a 23 per cent increase in Toronto’s housing supply within 10 years. Meeting this target would mean the completion of 31,050 homes per year, approximately double the average number of units built annually between 2017 to 2021.