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Brampton - City Launches Bold New Incentive Program for Purpose-Built Rental Housing
Summary by municipalinfonet.com
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2 Articles
Brampton Reduces Development Charges By Up To 100% For Rental Apartments
On Wednesday, the City of Brampton announced it is reducing development charges (DCs) by up to 100% on purpose-built rental units in order to encourage their construction and "address the city’s growing housing needs."DCs are taxes that builders pay to a city in order to help fund increased infrastructure needs that may be required as a result of growth, including services like roads, transit, water, and sewer systems. But over the last 15 years…
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