City approves $250M housing partnership with BCH
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Description
Ottawa City Council approved a major partnership with Build Canada Homes, including up to $250 million in City contributions through fee waivers and tax exemptions to support housing projects. The agreement establishes tailored planning and permitting processes and grants 75-year property tax exemptions for designated Municipal Housing Facility units.
Contract Details
Contract Amount
up to $250 million (City contribution via fee and tax exemptions)
Vendor
BUILD CANADA HOMES
Agency
City of Ottawa, Canada
Contract Type
OTHER
Document Date
April 22, 2026
Contract Term
Property tax exemption for 75 years on designated Municipal Housing Facility units; other exemptions apply for duration of partnership projects
Renewal Info
Partnership includes a 75-year property tax exemption for designated units; no further renewal terms specified in the minutes.
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