This program is a grant for up to 100 per cent of the City’s portion of the residential Development Charges. It supports the development of new purpose-built rental units.
Eligibility Criteria
- Must be a development, redevelopment/adaptive reuse of a property for construction of net new purpose-built rental units.
- Eligible units must be subject to residential development charges and meet the Eligible Dwelling Unit definition under subsection 5.9 of the Burlington Housing Community Improvement Plan.
Eligible Costs
The grant is for up to 100 per cent of the City’s portion of residential Development Charges. The grant does not apply to the Regional or Educational portion of applicable Development Charges.
Construction Timing
The grant will be provided upon successful issuance of an occupancy permit or at the discretion of the City.