Sun Life, Daniels, WoodGreen and the City of Toronto Join Forces to Create New Affordable Housing

New public-private partnership to address urgent need for affordable workforce rental housing

TORONTO--(BUSINESS WIRE)--On February 12th, Sun Life, The Daniels Corporation, WoodGreen Community Services, and the City of Toronto will be making an important affordable housing announcement.

Members of the media are invited to attend a virtual press conference and be among the first to learn more about a public-private partnership that will create crucially needed long-term, affordable workforce rental housing in central Toronto.

Who:	Teresa Vasilopoulos, Executive Director of The WoodGreen Foundation
	Mitchell Cohen, President and CEO of The Daniels Corporation
	John Tory, Mayor of the City of Toronto
	Kristyn Wong-Tam, City Councillor, Ward 13, Toronto Centre
	Dean Connor, President and CEO of Sun Life
	Ed Clark, Honorary Chair of The Difference Maker Campaign
Date:	February 12^th, 2021
Time:	10:00am EST

To join the press conference, please RSVP by 9:00am on February 12 to receive the event livestream URL. A media Q&A period will be provided at the event.

About Sun Life

Sun Life is a leading international financial services organization providing insurance, wealth and asset management solutions to individual and corporate Clients. Sun Life has operations in a number of markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of December 31, 2020, Sun Life had total assets under management of $1,247 billion. Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF. For more information please visit www.sunlife.com.

About The Daniels Corporation

The Daniels Corporation (www.danielshomes.ca) is one of Canada's pre-eminent builders/developers, building more than 30,000 new homes across the Greater Toronto Area for over 36 years. Daniels is the developer of TIFF Bell Lightbox and the City of the Arts community on Toronto’s East Waterfront. Among its many initiatives, Daniels was chosen to partner with Toronto Community Housing to revitalize 53 of the 69 acres in Toronto's Regent Park. Understanding that quality of life is created by much more than physical buildings, Daniels goes above and beyond to integrate building excellence with opportunities for social, cultural and economic well-being. As part of this effort, Daniels is committed to integrating affordable homes into its communities across the GTA through innovative programs and partnerships with non-profit organizations to help address significant affordable homeownership and rental needs in today’s market.

About WoodGreen Community Services

For 80 years WoodGreen (www.woodgreen.org) has focused on solving our City’s biggest social problems. Today, WoodGreen is collaborating with sector partners and all levels of government to quickly scale up affordable housing options for families. Speed and sustainability are the success markers for our housing model. WoodGreen works with developers, within the guidelines of pre-inclusionary zoning, to bring new affordable homes to people in need, not someday in the future, but today. We put safe, affordable roofs over heads. WoodGreen’s poverty reduction purpose spans many demographics including seniors, low-income families/individuals, and people with disabilities. WoodGreen believes that when everyone has access to safe and affordable housing, all citizens of Toronto will benefit.