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May 1, 2025
- The next scheduled adjustment to the City’s Development Charges rates is May 1, 2025.
www.toronto.ca/city-government/budget-finances/city-finance/development-charges/
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Apr 10, 2024 · MMAH is proposing to repeal the mandatory phase-in of DC rates to enable municipalities to recover more of the costs to build critical infrastructure that is needed to service new homes through DCs. The proposed change would apply to DC by-laws passed since January 1, 2022.
- Municipal development and community benefits charges, and ...
Exemptions and discounts from municipal development-related...
- Municipal development and community benefits charges, and ...
The development charge rates are adjusted to reflect Provincial changes to the Development Charges Act through Bill 185, Cutting Red Tape to Build More Homes Act, effective June 6, 2024. The next scheduled adjustment to the City’s Development Charges rates is May 1, 2025.
- Overview
- Development Charges
- Community Benefits Charges
- Parkland Dedication
Municipalities can help pay for the important local infrastructure, services, and parkland that growing communities need through municipal development-related charges (MRDCs), which include: 1. development charges 2. community benefits charges 3. parkland dedication
Municipalities can apply development charges on a new development to help pay for the capital costs of infrastructure to support new growth. Development charges are discretionary fees. This means that municipalities can choose whether to use development charges and, if they are used, which services or infrastructure they want to include from the li...
This is a flexible tool under the Planning Act that helps municipalities tackle the costs of higher density in communities with new developments. This tool replaced the former section 37 height and density bonusing in the Act, subject to transition rules. Municipalities can use community benefits charges to fund the capital costs of any public serv...
The Planning Actlets municipalities fund the growth-related costs of land for parks and other recreational purposes. This ensures that residents in growing communities will continue to have access to parks and greenspace.
3 days ago · As of June, Toronto’s development charge for a rental bachelor or one-bedroom unit is $33,497 compared with $26,978 previously, according to the city of Toronto’s website.
Nov 30, 2022 · November 30, 2022. Since October 25, 2022, when the Government of Ontario introduced Bill 23, the More Homes Built Faster Act, there has been much anticipation about the potential impacts on land use planning and development in the province. On November 28, 2022, Bill 23 received royal assent and was passed into law.
Oct 26, 2022 · Development charges will be waived for affordable housing, non-profit housing and inclusionary zoning units, as well as select attainable housing units.
Oct 25, 2022 · TORONTO — Reducing developer charges, allowing more units on one residential lot, and pursuing rent-to-own programs are among a host of measures Ontario announced Tuesday aimed at tackling...
