Peel Regional Council extends and broadens Development Charges Grant Program to accelerate housing and address affordability including purpose-built rental

BRAMPTON, ON. (Jan. 23, 2026) – Peel Regional Council has taken bold action to support housing construction and affordability by approving significant updates to Peel Region’s Development Charges Grant Program. These changes, endorsed by Council on January 22, 2026, demonstrate Peel’s commitment to modernizing infrastructure funding and expediting the delivery of homes throughout the region.

Building on Council’s June 2025 decision to modernize infrastructure funding and accelerate the delivery of housing, these latest changes aim to further reflect the realities of large, complex development projects and ongoing pressures in the housing market.  

Program updates approved by Regional Council include: 

• Extension of grant-in-lieu program: The development charge grant-in-lieu initiative is extended to November 13, 2026, allowing additional time for projects to benefit from program incentives and advance toward construction.
• Greater flexibility: Subdivision applications will now maintain eligibility as long as a building permit for footings and foundations is issued by November 13, 2027.
• Support for purpose-built-rentals: Peel Region will provide 100% development charge grants for 1-bedroom plus den, 2-bedroom, and 3-bedroom purpose-built rental units until November 13, 2026, helping to deliver more affordable and family-sized housing.
• Program framework continuity: All changes and extensions remain subject to the current program framework and requirements, as most recently updated by Council.  

These changes enable Peel Region to facilitate the construction of a broader range of housing, including affordable purpose-built and family-oriented units, while assisting developers in navigating a challenging economic climate. The enhanced program is expected to help more projects advance and support the growing needs of the Peel communities.