Mississauga receives $28 million in federal funding to help ongoing efforts to boost housing supply

By March 11, 2026March 12th, 2026Announcement, Planning & Development

The third installment of the Housing Accelerator Fund will help the City continue to get more homes built and make them more affordable.

March 10, 2026

The City has received $28.2 million from the federal Housing Accelerator Fund (HAF) to help get more homes built faster in Mississauga. This is the third installment the City has received under the HAF, totalling more than $84 million in federal housing funding to date.

The HAF is designed to support the delivery of new homes, including important housing enabling-infrastructure. The City will use the third installment of the HAF to:

  • Support the funding available for grants under the City’s multi-residential stream of the Affordable Rental Housing Community Improvement Plan. This program offers incentives to private and non-profit developers. It’s designed to get shovel-ready rental housing projects with affordable units under construction as soon as possible.
  • Offsetting shortfalls resulting from reductions to development charges and fees. The City’s development charges incentives program – which was recently expanded to provide deeper incentives for purpose-built rental apartments – is helping kick-start construction to make housing more affordable.

Stimulating housing construction

The City has made significant strides in changing the housing landscape since receiving its first HAF installment. In January 2025, following the release of the Mayor’s Housing Task Force report, Mississauga became one of the first municipalities in Ontario to reduce and/or eliminate development charges for residential housing. Other important actions include:

  • Tax relief for new multi-residential development: In response to a motion by Mayor Parrish, Peel Region approved a resolution adopting a new municipal Multi-Residential Property Tax subclass to help encourage the development of much-needed rental housing. The new subclass provides a 35 per cent property tax reduction for eligible properties.
  • Incentives for additional residential units and fourplexes: The City’s gentle density incentive program provides grants to cover city fees and development charges (if applicable). The City also offers pre-approved garden suite design plans that residents can use free of charge and has partnered with the federal government on its Housing Design Catalogue.
  • Making it easier to build housing in neighbourhoods: Council approved updates to the City’s Official Plan and Zoning By-law to allow fourplexes as well as semi-detached homes and homes on smaller lots in residential neighbourhoods.
  • Simplifying planning approvals for housing near transit: Mississauga is moving forward with pre-zoning lands in the City’s Protected Major Transit Station Areas. Mississauga is one of the first municipalities in Ontario to pre-zone lands of this scale. When fully implemented, this will help speed up the construction of new housing while ensuring meets the City’s vision for new development.

To learn more visit Mississauga.ca/housing.