Development Charges Review

On July 1, 2024, the City’s updated Development Charges By-law came into effect. In addition to the housing-related incentives that were in effect under the previous development charges by-law, the new by-law includes:

• A three-year freeze of development charges for single-family dwellings

• A three-year moratorium on development charges for missing middle homes

• Exemptions for affordable units within Affordable Housing Projects, as defined in the by-law

• A 50% reduction for multi-unit buildings within nodes or along strategic corridors