Mississauga reduces development charges and other fees in response to housing crisis

[City of Mississauga]

Mississauga is taking bold action to make housing more affordable. On January 29, 2025, Council approved a motion from Mayor Parrish with the following incentives for shovel-ready projects that pull building permits before November 13, 2026:

• Reduce City residential development charges (DC) by 50 per cent or by 100 per cent for family units (3-bedrooms) in purpose built rental apartments
• Defer and collect City residential development charges at occupancy

The motion requests that the Region of Peel consider matching the DC incentives adopted by the City. In addition, to spur the creation of Mississauga rental housing, the motion calls on the Region to implement a new multi-residential tax subclass. This new tax subclass would reduce property taxes by up to 35 per cent for new purpose-built rental housing.

The motion stems from recommendations from the Mayor’s Housing Task Force. In its recent report, the Task Force concluded that very few new residential units will start construction in the next two years without these types of interventions. The report called on all levels of government to reform development charges, taxes and fees to help lower house prices and rents. To learn more, visit: www.mississauga.ca/housing-taskforce