News
Oxford CEO Joins Housing Task Force
January 20, 2015
Oxford Properties Group chief Blake Hutcheson has been named to a housing task force charged with reviewing how Toronto Community Housing Corp. operates, and exploring the possibility of breaking up the organization to function more efficiently. The task force will be led by former mayor Art Eggleton and includes ex-TD Bank CEO Ed Clark. TCHC, Canada’s largest landlord, manages over 58,000 units in 2,300 buildings. It needs $2.6B in the next decade to deal with repairs. Announcing the task force Friday, Mayor John Tory told local media it's "just stupid" for the city to own buildings “that we allow to fall into such a state of disrepair that the units have to be closed.”
