OTHERAPPROVED

City of Ottawa Agenda Ottawa City Council Agenda 2026-04-22

City approves $250M partnership with Build Canada Homes

up to $250 million (City contribution via fee and tax exemptions)City of OttawaBUILD CANADA HOMESApril 22, 2026

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Description

Ottawa City Council approved a major partnership with Build Canada Homes valued at up to $250 million in fee waivers, development charge exemptions, and long-term property tax relief to support affordable housing projects. The agreement includes tailored planning and permitting processes and a 75-year tax exemption for Municipal Housing Facility units developed under the partnership.

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 financial incentives tied to duration of BCH partnership projects

Renewal Date

2101-12-31

Renewal Info

Initial approval establishes a long-term partnership framework, including a 75-year property tax exemption for designated units; future specific project agreements will be negotiated under delegated authority and may include their own renewal or extension terms.