Ottawa City Council Minutes 2026-04-22
Ottawa Approves $250M Partnership With Build Canada Homes
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Description
Ottawa City Council approved a major partnership with Build Canada Homes that will support affordable housing projects through fee waivers and tax exemptions valued at up to $250 million. The agreement includes tailored approvals for BCH projects and a 75-year property tax exemption for units designated as Municipal Housing Facilities to secure long-term affordability.
Contract Details
Contract Amount
up to $250 million (value of City contributions via fee and tax exemptions)
Vendor
BUILD CANADA HOMES
Agency
City of Ottawa, Canada
Contract Type
OTHER
Document Date
April 22, 2026
Contract Term
75-year property tax exemption period for designated Municipal Housing Facility units; other partnership measures ongoing
Renewal Info
Property tax exemption for designated units is granted for a fixed 75-year term; other partnership elements continue as long as projects are developed under the approved framework. Future project-specific agreements may be negotiated under delegated authority.
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