
Aiming for a Better Toronto with Affordable Housing for All
Senator Modular Homes is an industry leader providing turnkey mobile buildings and large-scale, multi-storey, factory-built solutions across various sectors. Senator is strategically based in Ontario and is the construction and project management division of a consortium of privately owned companies whose core focus is delivering quality, innovative and cost-effective space solutions. Our executive and management team have been involved in the “factory-built” or “modular” building industry for over a decade. Our experience in all aspects of construction spans over the past 40 years with the evolution of construction technologies playing a pivotal role in shaping our direction.
“Affordable Housing that Pays for Itself.”
Resolving housing and homeless affordability
The facts are that Toronto has over 121,700 people on the Toronto Community Housing Corp. (TCHC) affordable housing waiting list and another 12,340 homeless, with 43,000 units housing 89,000 people. The TCHC has 2100 buildings, with 58,860 units needing repair and numerous units over 50 years, with some buildings being closed due to health hazards and safety.
Three Branch Approach to Pay for Housing
How can housing pay for itself?
The coalition’s annual membership and quarterly dividends are used to pay off the government-backed bond and NFP loan against the individual’s house. The $2.7 billion Affordable Sustainable Net Zero Hydroponic Housing 15-Year Bond will be advanced to the Not-for-profit organizations that automatically place orders for affordable houses. The Bond funds can only be used to place orders in the mega factory. Please reach out to esniedzins@gmail.com to learn more.