Peel Affordable Rental Incentives Program

This information is for successful proponents under the PARIP to determine appropriate rental rates and household income limits annually when completing the Annual Occupancy Report.

If you have any questions about how to use these tables, e-mail us.

Contact us to confirm annual rental rates that apply to your project.

Source: Canada Mortgage and Housing Corporation, Housing Market Information Portal, Median Market Rent by municipality, for apartments only.

Household income and maximum rental rate by decile (2023)

Low-income

Medium-income

High-income

Proponents with approved PARIP projects: Contact us.

Source: Peel Data Centre and Planning and development Services.

Electricity allowance

Not all PARIP projects will be required to reduce rental rates by electricity allowance amount. Contact us for more information.

Source: Ontario Regulation 316/19 January 1, 2024, (e-Laws currency date),Table 4 (rows 1 and 2), Table 5 (rows 8 and 9), rounded.

Read more information on Housing Affordability in Peel.

As of March 2024, a total of 175 affordable rental units have been funded or approved for funding through the program.

Review the Regional Council reports related to the Peel Affordable Rental Incentives Program:

• March 2024 – Peel Affordable Rental Incentives Program Update and 2023 Results
• June 2023 – Peel Affordable Rental Incentives Program Update and 2022 Results
• July 2022 – Peel Affordable Rental Incentives Program – Evaluation Results and Future Program Implementation
• November 2021 – Affordable Housing Incentives Pilot Program 2021 Update and Results
• July 2020 – Region of Peel Affordable Housing Incentives Pilot Program

In 2018 we completed a Housing Strategy and Peel Housing and Homelessness Plan (PHHP). We identified a need for more affordable housing for low and middle-income households. 30% of all Peel households face affordability challenges.

The goal of the PHHP is to work with our partners to increase affordable housing and prevent chronic homelessness.

The PHHP includes 5 pillars to help people get and keep housing:

1. Transform service
2. Build more community housing
3. Maximize planning tools and incentives
4. Optimize existing stock
5. Increase supportive housing.

This program advances pillar 3, maximize planning tools and incentives, and targets low- and middle-income households.

Regional Council approved the Affordable Housing Incentives Pilot Program on July 9, 2020, based on recommendations from the final report.

Peel Region launched a competitive, criteria-based application process for the Affordable Housing Incentives Pilot Program in 2021.

On July 7, 2022, Regional Council approved the pilot program as a permanent program, now named the Peel Affordable Rental Incentives Program (PARIP).

• Peel makes affordable housing incentives pilot program permanent
• Region of Peel giving $2.5 million in grant funding to incentivize developers to build affordable rentals
• Peel Region Launches Affordable Housing Incentives Pilot Program Incentivizing Affordability
• Region encouraging middle-income housing for Brampton, Mississauga
• Peel Launches Annual Peel Affordable Rental Incentives Program

• 2018 Housing Strategy
• Peel Housing and Homelessness Plan
• Housing Master Plan

Pilot program background materials

• Affordable Housing Incentives Pilot Program Report to Regional Council - July 9, 2020
• Final Report - June 2020

Local municipal housing studies, strategies, and resources

• Town of Caledon Housing Study
• City of Brampton – Housing Brampton
  • Concierge Program
• Growing Mississauga: an action plan for new housing

If you would like to receive updates about the affordable rental incentives program, email us.

If you need a housing subsidy, or are looking to access an affordable housing unit, visit Housing or call 905-453-1300 to speak to a staff member.

• Peel Community Housing Development Program
• Non-profit Housing Development Program