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Rental Housing Development Charge (DC) Deferral Program

Deferred development charges for new rental housing
Last Update: April 27, 2026
Funding available
Varies by project
Timeline
  • Receipt of requests is now closed
Location
Elora, Ontario

Overview

This program defers Township Development Charges to support new rental housing in selected areas of Centre Wellington. Eligible projects include renovations, conversions, intensification or redevelopment, and infilling that create net rental residential units.
/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Renovate or expand facilities
  • Renovate or adapt facilities
Eligible Funding
  • Varies by project
Timeline
  • Receipt of requests is now closed

Eligible candidates

Eligible Industries
  • Construction
  • Manufacturing
  • Wholesale trade
  • Retail trade
  • Real estate and rental and leasing
  • Professional, scientific and technical services
Location
  • Elora
  • 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

  • Renovating existing rental residential units in mixed-use buildings.
  • Converting vacant or excess space into rental residential units.
  • Redeveloping or intensifying buildings to add rental units.
  • Infilling vacant lots with new rental residential units.

Documents Needed

  • Business Plan, if requested.
  • Application form and supporting project information.

Eligibility

Who is eligible?

  • Property owners or developers in eligible Township areas.
  • Projects creating rental housing units.

Eligible expenses

  • Township Development Charges payable on eligible rental housing projects.

Eligible geographic areas

  • Central Business Districts
  • Highway Commercial areas
  • Mixed Use areas
  • Residential areas
  • Residential Transit areas

Processing and Agreement

  • Successful applications require a Financial Assistance Agreement.
  • The agreement is registered on title.
  • The agreement includes a repayment clause if units stop being rental housing within 20 years.

Additional information

  • A Business Plan may be required.
  • Successful applicants must sign a Financial Assistance Agreement.
  • The agreement is registered on title.
  • Rental housing units must remain rental units for at least 20 years.

Contacts

Frequently Asked Questions about the Rental Housing Development Charge (DC) Deferral Program Program

Here are answers to the most common questions about the Rental Housing Development Charge (DC) Deferral Program. 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 Rental Housing Development Charge (DC) Deferral Program?

This program defers Township Development Charges to support new rental housing in selected areas of Centre Wellington. Eligible projects include renovations, conversions, intensification or redevelopment, and infilling that create net rental residential units.

Who is eligible for the Rental Housing Development Charge (DC) Deferral Program program?

To be eligible for the Rental Housing Development Charge (DC) Deferral Program program, you must: Create new rental residential units. Maintain rental use for 20 years. Project in eligible Township area.

What expenses are eligible under Rental Housing Development Charge (DC) Deferral Program?

Renovating existing rental residential units in mixed-use buildings. Converting vacant or excess space into rental residential units. Redeveloping or intensifying buildings to add rental units. Infilling vacant lots with new rental residential units.

Who can I contact for more information about the Rental Housing Development Charge (DC) Deferral Program?

You can contact Municipality of West Elgin by email at none or by phone at 519.846.9691 x304.

Where is the Rental Housing Development Charge (DC) Deferral Program available?

The Rental Housing Development Charge (DC) Deferral Program program is available the province of Ontario.

Is the Rental Housing Development Charge (DC) Deferral Program a grant, loan, or tax credit?

Rental Housing Development Charge (DC) Deferral Program is a Grant and Funding

Who are the financial supporters of the Rental Housing Development Charge (DC) Deferral Program?

Rental Housing Development Charge (DC) Deferral Program is funded by Municipality of West Elgin