Development Charges Deferral and Grant Program
In response to housing affordability and supply challenges, Peel Region Council approved a DC Deferral and Grant Program on June 26, 2025, to support eligible new residential developments. The program, which took effect on July 10, 2025, was designed to encourage housing construction by reducing upfront DCs and providing financial incentives to developers.
Under the program, eligible residential developments can receive a grant-in-lieu equal to 50% of Peel Regional DC. Certain units within new rental housing developments may qualify for grants covering up to 100% of Peel Regional DC.
Following changes introduced through Ontario's Bill 17, effective November 3, 2025, the deferral of DC payments for non-rental residential developments to occupancy is now required under Province of Ontario legislation and is no longer required under Peel Region's program.
Eligibility and timing
The program deadline is based on Council Resolution 2026-439. To be eligible for the Grant-in-Lieu of Development Charges program, Peel Regional DCs must become payable in accordance with Section 6 of Peel Region’s By-law #77-2020 on or after July 10, 2025, and the following requirements must be satisfied:
- Building permits allowing for footings and foundations must be issued on or before December 31, 2027.
- A complete application must be submitted to Peel Region on or before December 31, 2027.
- A Development Charges Payment Agreement must be fully executed on or before December 31, 2027.
- Applicants must demonstrate that all savings attributable to the grant portion of the program are passed on to the ultimate homebuyer by providing executed Agreement of Purchase and Sale (APS) or other evidence acceptable to Peel Region.
- Any other supporting documentation as requested by Peel Region staff.
For complete details of the program, including eligibility requirements and administration, please refer to the Program Framework or email admin.dcs@peelregion.ca