Home Builder Canada Readers survey
newsletter
NP_lineHome Builder Magazine New Products Online
NP_line
Computers, Educational
&Technology

NP_line
Electrical & Mechanical
NP_line
Exteriors
NP_line
Finishes & Surfaces
NP_line
Kitchens & Baths
NP_line
Landscape & Design
NP_line
Speciality Products
NP_line
Structural
NP_line
Tools & Equipment
NP_line
Windows & Doors
NP_line
New Products home
NP_line



External Links: Associations & Governments. Builders & Renovators . Manufacturers & Suppliers

Home . About Us . Subscribe . Advertise . Editorial Outline . Contact Us . Current Issue . Back Issues . Jon Eakes



© Copyright - Work-4 Projects Ltd.

Ontario dangles rebates to rental developers

December 8, 2017


The Ontario government will provide incentives of up to $125 million in development fees to developers who build rental units in areas with low vacancy rates, according to a November announcement from Peter Milczyn, Minister of Housing.
The rebates, paid out over five years, are meant to encourage the construction of purpose-built rental projects. Milcsyn’s office noted that only 6 per cent of Ontario housing built over the last 20 years was aimed at the rental market.
“Providing rebates for development charges for new purpose-built rental housing is one of 16 measures under Ontario's Fair Housing Plan,” the province said in a release.

 

 

homeBUILDERcanada.com | Home BUILDER Magazine | Canada's #1 Information Source for Residential Home Builders and Professional Renovators

HB house ad sub
Home Builder Magazine Ask Jon Eakes
Home Builder current issue