City of Ottawa Minutes Ottawa City Council Meeting 2026-04-22
Ottawa approves $250M partnership with Build Canada Homes
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Description
The City of Ottawa approved a major partnership with Build Canada Homes that provides up to $250 million in fee and tax exemptions to support affordable housing projects. The agreement includes tailored approvals, development charge and fee waivers, and 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 for Municipal Housing Facility units; other exemptions apply for duration of partnership projects
Renewal Info
Property tax exemption granted for 75 years for designated Municipal Housing Facility units; other elements of the partnership continue for the life of each BCH project undertaken under this framework.
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