Historic Housing Investment in Hamilton Builds onYears of Chamber Advocacy
· by m.hardill@hamiltonchamber.ca
A major investment announced yesterday could unlock tens of thousands of new homes in Hamilton, marking an important milestone for housing affordability, economic growth and the city’s ability to attract and retain talent.
The Federal Government and Province of Ontario announced that Hamilton will receive $572 million through the Development Charges Reduction Program, supporting critical housing-enabling infrastructure while allowing the City to eliminate residential development charges from March 30, 2026, to March 31, 2029.
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