18 projects across the city will include 5,600 new rental units, with over 1,800 designated as either deeply affordable, supportive or rent-controlledThis advertisement has not loaded yet, but your article continues below. Subscribe now to read the latest news in your city and across Canada. OTTAWA — Housing in Toronto is set to get a $2.7-billion boost from the federal government. “The City of Toronto is contributing one of the most valuable resources a city can offer to improve a project’s affordability, which is public land at nominal value.” Carney also added that the city will contribute $530 million in capital and incentives to the projects, including 99-year exemptions to city and school property taxes.