Closed
Source verified April 29, 2026
Development Financial and Servicing Incentives
Financial incentives for eligible development projects
Funding available
Varies by project
Deadline
Open continuously
Location
Ontario, Canada
Overview
York Region supports high-density residential, large office, and affordable rental developments with financial incentives. The program includes development charge deferrals and LEED-based servicing credits for eligible projects.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Implement environmental initiatives
- Obtain certifications or accreditations
Eligible Funding
- Varies by project
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Ontario
Legal structures
- For-profit business
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
- High-density residential developments with LEED certification
- Large office buildings in eligible centres and corridors
- Affordable rental housing developments
Documents Needed
- Cover letter
- Local municipal confirmation letter
- Program Conformity Plan
- Affidavit or sworn declaration
- LEED score sheet and supporting verification documents
Official resources
Eligibility
Who is eligible?
- High-density residential developers
- Large office building developers
- Affordable rental housing developers
Who is not eligible
- Projects outside the eligible York Region areas
- Projects that do not meet the applicable program criteria
- Projects without required local municipal support
Eligible expenses
- Development charges deferrals
- Servicing capacity assignment credits
- LEED-related program support
Ineligible Costs and Activities
- Development charge reductions under the LEED incentive program
- Non-office charges in mixed-use projects under the office deferral policy
- Residential charges in mixed-use projects under the office deferral policy
Eligible geographic areas
- York Region, Ontario
- Regional Centres and Corridors in York Region
- Major Transit Station Areas in York Region
- Specific Local Centres in Georgina, King, and Whitchurch-Stouffville
How to apply
- Step 1: Pre-application meeting
- Meet with regional and local municipal staff.
- Discuss eligibility and program requirements.
- Step 2: Submit application package
- Send the cover letter and local municipal confirmation letter.
- Provide the Program Conformity Plan and required declarations.
- Step 3: Regional review
- The Region reviews the submission for completeness and program compliance.
- If accepted, the project may proceed under the program.
- Step 4: Sign agreements
- Execute the required agreement with York Region and the municipality.
- Post the required letter of credit, if applicable.
- Step 5: Final reporting
- Submit the Conformity Report and supporting verification documents.
- Provide final confirmation for release or completion of the incentive.
Processing and Agreement
- Applications are reviewed for eligibility and completeness.
- The Region issues a preliminary decision if the project may proceed.
- A tri-party or deferral agreement must be signed before the incentive applies.
- For LEED projects, peer review verification and final conformity reporting are required.
Additional information
- A development charges deferral agreement with York Region is required.
- Local municipal support is also required.
- A restrictive covenant and other agreements may apply.
Contacts
Frequently Asked Questions about the Development Financial and Servicing Incentives Program
What is the Development Financial and Servicing Incentives?
York Region supports high-density residential, large office, and affordable rental developments with financial incentives. The program includes development charge deferrals and LEED-based servicing credits for eligible projects.
Who is eligible for the Development Financial and Servicing Incentives program?
To be eligible for the Development Financial and Servicing Incentives program, you must:
Meets program criteria
Local municipal support
Required agreements signed
What expenses are eligible under Development Financial and Servicing Incentives?
High-density residential developments with LEED certification
Large office buildings in eligible centres and corridors
Affordable rental housing developments
Who can I contact for more information about the Development Financial and Servicing Incentives?
You can contact Regional Municipality of York by email at accessyork@york.ca or by phone at 1-877-464-9675.
Where is the Development Financial and Servicing Incentives available?
The Development Financial and Servicing Incentives program is available the province of Ontario.
Is the Development Financial and Servicing Incentives a grant, loan, or tax credit?
Development Financial and Servicing Incentives is a Grant and Funding
Who are the financial supporters of the Development Financial and Servicing Incentives?
Development Financial and Servicing Incentives is funded by Regional Municipality of York