York Region Housing Development Charge Reduction
Sector: Residential • Location: Ontario, Canada
Source: Storeys
York Region municipalities are urged to reduce or defer development charges (DCs) to unlock housing supply and support Ontario's economic competitiveness. The province's Bill 17 allows deferral of DCs for residential projects to incentivize construction. Municipalities like Markham, Richmond Hill, and Newmarket face challenges meeting housing targets due to high DCs, which add significant costs to
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | planned |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | York Region municipalities are urged to reduce or defer development charges (DCs) to unlock housing supply and support Ontario's economic competitiveness. The province's Bill 17 allows deferral of DCs for residential projects to incentivize construction. Municipalities like Markham, Richmond Hill, and Newmarket face challenges meeting housing targets due to high DCs, which add significant costs to new homes and discourage affordable housing development. Other municipalities have reduced DCs to spur housing construction, and York Region is considering similar measures including a first-time buyer DC-equivalent rebate and DC deferrals. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |