Canada and Ontario Launch $8.8-Billion Infrastructure Program to Accelerate Housing Development
Municipalities that cut development charges by 30% to 50% can receive provincial infrastructure funding, while Amherstburg says the plan could cost taxpayers millions.
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3 Articles
Canada and Ontario launch $8.8-billion infrastructure program to accelerate housing development
New Development Charge Reduction Program links infrastructure funding to municipal fee reductions, creating opportunities for roads, water, wastewater and transit construction projects across Ontario. The federal and Ontario governments have opened applications for a new infrastructure funding program worth up to $8.8 billion over the next decade, aimed at accelerating housing construction by supporting municipalities that reduce development cha…
As Ontario housing starts stall, Windsor-Essex municipalities clash over new $8.8B incentive program
Before Friday, councils across Ontario must determine if they want to apply for an $8.8-billion federal-provincial housing grant program that would also require them to cut the fees they charge developers. Not everyone is on board with the program.
Woolwich looks to take part in development-charge relief program
Calculating that it will come out ahead, Woolwich Township will drop its development charges on new homes by 30 per cent if its application to a new federal-provincial program proves successful.Under the Development Charge Reduction Program (DCRP), the two senior governments are making $8.8 billion available to municipalities that agree to reduce development charges – levies applied to new homes in order to cover costs associated with growth – b…
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