Is co-op housing making a comeback in Toronto?

Toronto is planning to build one of the largest affordable housing projects in decades. The development in Scarborough will include over 600 co-op units, which could help address the housing crisis. Co-op units are often more affordable than market rent and are owned and managed collectively by members. The project marks a comeback for co-op homes, which have seen a decline in construction in recent years due to funding cuts. The housing crisis and lack of supply have put co-op buildings back on the government's radar as a potential solution.