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Source verified July 8, 2026
Affordable Housing Community Improvement Plan
Affordable rental housing incentives in Mississauga
Latest source updateLast Update: July 8, 2026Latest change: The program page now shows a $70 million budget, funded projects, and a July 31, 2027 permit deadline, while the application documents list has a new Access Plan template and updated guide.View change
Latest source update
Last Update: July 8, 2026
Latest change: The program page now shows a $70 million budget, funded projects, and a July 31, 2027 permit deadline, while the application documents list has a new Access Plan template and updated guide.
Affordable housing grant updated
The incentives page now shows a $70 million program budget, partial funding from the federal Housing Accelerator Fund, and a selection rule that requires a full or conditional foundation-to-roof or building permit by July 31, 2027. It also now publishes the funded-project and wait-list lists, showing nine conditionally funded developments and three wait-listed projects. The supporting Multi-Residential Rental Incentive Program document set also changed: the application guide is now a May 15, 2026 version, and a new Access Plan template dated May 13, 2026 is listed alongside the application form. The program remains focused on private and non-profit developers building new affordable rental units in multi-unit buildings, with affordable rents at or below 100% average market rent and 2025 maximum monthly rents of $1,752 for one bedroom, $1,941 for two bedrooms, and $2,046 for three bedrooms.
Funding available
Up to 100% of project cost
Deadline
Open continuously
Location
Peterborough, Ontario, Canada
Overview
The Multi-Residential Rental Incentive Program is part of Mississauga’s Affordable Rental Housing Community Improvement Plan and has a $70 million budget to support private, public, and not-for-profit housing providers building new affordable rental housing in Mississauga. It can fund capital grants, building permit fee rebates, and municipal fee relief for affordable and below-market units.
/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
- Up to 100% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- 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
- Development of new affordable rental housing
- Development of new below-market rental housing
- Multi-residential rental housing projects
Documents Needed
- Multi-Residential Rental Incentive Program application guide
- Multi-Residential Rental Incentive Program application form
- CIP Access Plan using the City-approved template
- Letters patent demonstrating not-for-profit status, for planning application fee relief
Official resources
Eligibility
Who is eligible?
- Private, public, and housing co-operatives
- Private/public/not-for-profit housing providers, including not-for-profit partnerships
Who is not eligible
- Equity co-operatives
Eligible expenses
- Building permit fees
- City development charges
- Regional development charges
- Cash-in-lieu of parkland
- Planning application fees for not-for-profit applicants
Ineligible Costs and Activities
- Equity co-operatives
- Units covered by the Rental Protection By-law
- Units that fulfill Inclusionary Zoning or Section 37 Density Bonusing requirements
- Units provided as in-kind CBC contributions
Selection criteria
- Projects are prioritized based on readiness to obtain a building permit.
- The City may use other criteria to determine funding allocations.
- Not-for-profit groups may be prioritized.
How to apply
- When a Call for Applications launches, email housingincentives@mississauga.ca to set up a pre-application meeting.
- Include the project site and brief description, the current planning approvals and building permit status, and preliminary ideas about the number of affordable and below-market units.
- Review the application guide and complete the application form posted on the program webpage.
- Submit the application once all required information is ready for the current wave of applications.
Processing and Agreement
- City staff evaluate applications and may request additional information, with the process expected to take about one month.
- Successful applicants receive a Conditional Funding Letter and a draft legal agreement.
- The City conducts quarterly check-ins to confirm progress toward the building permit application.
- Building permit fees are refunded within one month of issuance of the full or conditional foundation-to-roof building permit if the legal agreement has been signed.
- The owner must file an annual sworn declaration, including a signed copy of the lease and rent receipts for each Affordable Unit.
Additional information
- There is no application fee.
- Applicants must disclose any federal, provincial, or regional government funding already secured on the application form.
- A pro forma gap analysis may be requested when additional funding has not already been secured.
Contacts
Frequently Asked Questions about the Affordable Housing Community Improvement Plan Program
What is the Affordable Housing Community Improvement Plan?
The Multi-Residential Rental Incentive Program is part of Mississauga’s Affordable Rental Housing Community Improvement Plan and has a $70 million budget to support private, public, and not-for-profit housing providers building new affordable rental housing in Mississauga. It can fund capital grants, building permit fee rebates, and municipal fee relief for affordable and below-market units.
How much funding can be received?
Affordable Housing Community Improvement Plan Funds up to 100% of admissible expenses.
Who is eligible for the Affordable Housing Community Improvement Plan program?
To be eligible for the Affordable Housing Community Improvement Plan program, you must:
Five or more affordable and/or below-market rental units
Minimum 25-year affordability term
Units must meet the minimum size requirements
What expenses are eligible under Affordable Housing Community Improvement Plan?
Development of new affordable rental housing
Development of new below-market rental housing
Multi-residential rental housing projects
Who can I contact for more information about the Affordable Housing Community Improvement Plan?
You can contact City of Peterborough by email at cbradfield@peterborough.ca or by phone at 705-748-8830 ext. 3265.
Where is the Affordable Housing Community Improvement Plan available?
The Affordable Housing Community Improvement Plan program is available the province of Ontario.
Is the Affordable Housing Community Improvement Plan a grant, loan, or tax credit?
Affordable Housing Community Improvement Plan is a Grant and Funding