Affordable Housing Incentives Pilot Program
We’re providing funding for developers to build middle-income rental housing in Peel
May 31 program launch
We’re now accepting applications. Review the application process and details.
The Housing Development Office addresses community need by supporting private and non-profit developers to deliver affordable rental housing. Through the Affordable Housing Incentives Pilot Program, any private or non-profit developer building middle-income rental housing within Peel (with a minimum of 5 new units) can apply to this program. You must have experience developing residential housing and operating rental housing. Full requirements are available in the program guidelines.
We recently hosted a launch event in anticipation of the upcoming call for applications. Contact us if you would like to receive a copy of our presentation slides.
Application process and materials
Applicants are required to review and submit all call for application materials.
Guidelines and applications requirements
An overview of the pilot program and an outline of supplementary documentation required as part of a complete application.
Project information spreadsheet
Template (in MS Excel) to be used to provide project budget and rental rate information as part of a complete application.
Application summary, terms and conditions
Fillable application form including declaration signed by authorized signatory.
Template contribution agreement
Provides the terms and conditions under which the Region of Peel will provide funding assistance to successful applicants. Successful applicants will be required to execute a contribution agreement with the Region of Peel in substantially the same form as the template contribution agreement. Applicants must review and agree to the terms and conditions as outlined.
Applicants must request a copy of the template contribution agreement by email. Send email request.
In case of any revisions to this call for applications, addenda may be posted in accordance with terms and conditions.
Applicants are encouraged to check the Affordable Housing Incentives Pilot Program webpage regularly, in case of addenda being added throughout the call for applications.
A complete application package includes the following:
- Completed application summary, terms and conditions package including the declaration signed by authorized signatory.
- Completed project information spreadsheet, using the provided template.
- Supplementary documents in PDF, as outlined in section 5 of the Affordable Housing Incentives Pilot Program guidelines and application requirements.
How to apply
Applicants must email to request access for secure submission. All documents required for the application will also be available through the secure link.
This link may be requested at any time during the Call for Applications. The deadline to apply is 5 p.m. on Monday, July 12, 2021. Applications and all supplementary documents must be submitted digitally.
The goal of the PHHP is to work with our partners to increase affordable housing and prevent chronic homelessness.
The PHHP includes 5 strategies to help people get and keep housing:
- Transform service delivery
- Build new affordable housing
- Provide incentives to build affordable housing
- Optimize existing stock
- Increase supportive housing.
This pilot program advances strategy 3, provide incentives to build affordable housing. This program also acts as a supplement to other affordable housing initiatives, including Peel's Housing Master Plan.
The pilot program will provide incentives to encourage non-profit and private sector partners to create rental housing for middle-income households within Peel, through a competitive, criteria, and application-based process.
If you would like to receive updates about the pilot program, email email@example.com or contact Madison Van West at 905-791-7800 ext. 4299.