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Affordable Housing Community Improvement Plan
Financial incentives for affordable housing projects
Last Update: April 29, 2026
Funding available
$ 130,000
Timeline
- Open Date : November 7, 2025
- Closing date : February 13, 2026
Location
Mississauga, Peterborough, Ontario, Canada
Overview
This program supports the construction, renewal, and redevelopment of affordable housing in Peterborough through municipal grants, fee relief, and tax-based incentives. It helps eligible rental and ownership housing projects lower development costs and create more affordable homes.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop strategic partnerships
- Increase social or community impact
- Enhance an existing program
Eligible Funding
- Maximum amount : 130,000 $
Timeline
- Open Date : November 7, 2025
- Closing date : February 13, 2026
Eligible candidates
Eligible Industries
- Construction
- Real estate and rental and leasing
- Public administration
Location
- Mississauga, Peterborough
- Ontario
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Construction of new affordable housing
- Redevelopment of properties for affordable housing
- Conversion of non-residential space to housing
- Renovation and rehabilitation of existing buildings for affordable housing
Documents Needed
- Application form
- Project plans or drawings
- Supporting financial information
- Business plan
- Project completion proof and final reports
Eligibility
Who is eligible?
- Private housing developers
- Non-profit housing providers
- Property owners in Peterborough
- Public housing providers
Who is not eligible
- Equity co-operatives
Eligible expenses
- Municipal fees, including planning application fees, parkland fees, and cash-in-lieu of parking fees
- Development charges for new affordable housing units
- Property tax increases linked to reassessment
- Project costs, including capital expenses
Ineligible Costs and Activities
- Required performance securities, such as letters of credit
- Required professional studies
- Costs linked to Ontario Municipal Board hearings or court proceedings
- School Board Development Charges
Eligible geographic areas
- City of Peterborough
- Municipal Boundary / Settlement Area Boundary
Processing and Agreement
- Applications are screened by City staff for eligibility and location
- Staff review supporting documents and evaluate the project
- City Council or delegated staff makes the final decision
- Approved applicants sign a legally binding agreement with the City
- Funding is released after required project completion checks and reports
Additional information
- Applications are reviewed on a first-come, first-served basis, subject to available funding.
- Approved projects must be secured through a legally binding agreement.
- The City may require pre-application consultation before submission.
- Programs may be stacked with other government funding, where applicable.
Contacts
Frequently Asked Questions about the Affordable Housing Community Improvement Plan Program
Here are answers to the most common questions about the Affordable Housing Community Improvement Plan. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Affordable Housing Community Improvement Plan?
This program supports the construction, renewal, and redevelopment of affordable housing in Peterborough through municipal grants, fee relief, and tax-based incentives. It helps eligible rental and ownership housing projects lower development costs and create more affordable homes.
How much funding can be received?
Affordable Housing Community Improvement Plan Funds up to $130,000 of admissible expenses.
What is the deadline to apply?
The application deadline for this grant program was February 13, 2026.
Who is eligible for the Affordable Housing Community Improvement Plan program?
To be eligible for the Affordable Housing Community Improvement Plan program, you must:
Affordable housing project
Located in Peterborough project area
City agreement required
What expenses are eligible under Affordable Housing Community Improvement Plan?
Construction of new affordable housing
Redevelopment of properties for affordable housing
Conversion of non-residential space to housing
Renovation and rehabilitation of existing buildings for affordable housing
Who can I contact for more information about the Affordable Housing Community Improvement Plan?
You can contact City of Peterborough by email at housingincentives@mississauga.ca or by phone at 705-742-7777.
Where is the Affordable Housing Community Improvement Plan available?
The Affordable Housing Community Improvement Plan program is available the province of Ontario.