City approves $250M partnership with Build Canada Homes
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Description
Ottawa City Council approved a major partnership with Build Canada Homes that provides up to $250 million in municipal financial support, including extensive fee exemptions and long-term property tax relief, to accelerate affordable and attainable housing projects. Authority was delegated to senior staff to negotiate and execute all necessary partnership agreements and implement tailored planning and permitting processes for BCH developments.
Contract Details
Contract Amount
up to $250 million (City contribution, largely via fee and charge exemptions and tax relief)
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 designated Municipal Housing Facility units; other financial measures apply for the life of projects developed under the partnership
Renewal Info
Property tax exemption for designated Municipal Housing Facility units is granted for 75 years; any extensions or amendments would require future Council action. Other financial incentives, such as fee and charge exemptions, apply to projects developed under the partnership for their respective approval periods.
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