Brampton Reduces Development Charges By Up To 100% For Rental Apartments

The City of Brampton has announced a new incentive program that reduces development charges for purpose-built rental units by up to 100% to encourage the construction of affordable rental housing. This initiative aims to alleviate the housing shortage by reducing financial burdens on builders, with discounts for one-bedroom, two-bedroom, and larger units. The move follows similar actions by other municipalities in the Greater Toronto and Hamilton Area. Furthermore, Brampton is advocating for a pause on additional residential units in dense areas to address local property standards and safety concerns.