Getting more homes built and making them more affordable is one of Council\u2019s top priorities.<\/p>\n
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City Council has approved a motion<\/a> to extend the City\u2019s development charges<\/a> incentive program through December 31, 2027. The extension gives the development industry an additional year to take advantage of the incentives so they can continue planning and delivering much-needed housing for Mississauga families.<\/p>\n The program, which was launched in January 2025 and enhanced in February 2026, offers the following development charge reductions for residential properties:<\/p>\n 50 percent for all residential unit types Applies to 1-bedroom plus den, 2-bedroom or 3-bedroom units When the program launched, it included a November 13, 2026 deadline to pull building permits. Now, to be eligible for the incentives, developers have until December 31, 2027 to pull a building permit. These incentives are designed to help drive new housing construction while advancing overall housing affordability.<\/p>\n Today\u2019s motion builds on the City\u2019s ongoing efforts to get more homes built and make them more affordable in Mississauga.\u00a0In January 2025, following the release of the\u00a0Mayor\u2019s Housing Task Force\u00a0report<\/a>, Mississauga became one of the first municipalities in Ontario to reduce and\/or eliminate development charges for residential housing.\u00a0For more information, visit Mississauga.ca\/housing-taskforce<\/a>.<\/p>\n Quote<\/p>\n \u201cAs a City, we\u2019re leading development charge reforms to help reduce costs and make homes more affordable for Mississauga families. The incentives also help fuel the residential construction industry, one of Ontario\u2019s major economic engines, supporting jobs and investment.\u201d Mississauga Mayor Carolyn Parrish<\/p>\n
Media contact<\/p>\n City of Mississauga Media Relations
\n100 percent for purpose-built apartment rental units<\/p>\n
\n25-year rental tenure agreement required<\/p>\n
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media@mississauga.ca<\/a>
905-615-3200, ext.\u00a05232
TTY:\u00a0905-896-5151
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City Council…\n","protected":false},"author":2,"featured_media":531688,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194297],"tags":[49,48,55405],"class_list":{"0":"post-531687","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mississauga","8":"tag-ca","9":"tag-canada","10":"tag-mississauga"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/531687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=531687"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/531687\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/531688"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=531687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=531687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=531687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}