Interim Financial Incentives Program
Supporting new Long-Term Care Home and Hospice developments across Peel
Health care facilities such as long-term care homes (LTC) and hospice play critical roles in our community, which has been further highlighted by the COVID-19 pandemic. Waitlists remain considerable, and the combination of population growth and an aging community will continue to place significant strain on these services.
The health care system is primarily a provincial responsibility to be funded through income taxes. Municipalities, however, have been confronted with various requests for financial support. Regional Council recognizes that supporting the development of additional units is an effective way to strengthen Peel’s LTC and hospice services. They approved this program to encourage the development of safe, enhanced, and innovative accommodations for Peel’s senior residents.
Any not-for-profit organization planning to develop an LTC or hospice facility can apply. Region of Peel employees will review applications and administer grant funding in accordance with eligibility requirements and funding limitations.
When applying, please be aware that:
- This program is only for not-for-profit organizations developing a long-term care home or hospice that qualifies as such under Section 26.1 subsection 2 paragraph 2 of the Development Charges Act, 1997.
- The maximum grant after Federal and Provincial funding amounts up to 50 per cent of the eligible DC payable (up to 100 per cent for hospice developments as well as for an eligible public not-for-profit organization under hospitals in Peel).
- The applicant must provide the Region with a copy of documents required by the Region. These documents may include their approved Ministry agreement(s) identifying the project as a long-term care home or hospice by a not-for-profit organization, documents detailing Federal or Provincial funding, as well as other documents as requested by the Region.
For more details, refer to the Interim Financial Incentive Program Framework.
For additional information about the incentive program or applying, email firstname.lastname@example.org.