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In 2020, the Region of Waterloo projected that Woolwich would reach 51,000 residents by 2051, as part of the Regional Official Plan.
Following the 2020 projection of an additional 51,000 residents by 2051 by the Regional Official Plan, the Township received funding from the Federal Housing Accelerator Fund (HAF) in 2024 with the aim of accommodating the projected population growth. In response, multiple initiatives have been undertaken, including a rental housing initiative over three years to subsidize building permit fees and development charge fees (DC's) for new rental housing unit developments in Elmira, St. Jacobs, and Breslau.
This initiative aims to support the creation of over 800 new rental units, including affordable options, by lowering costs for developers. Projects must be on fully serviced properties with a minimum of eleven rental units and adhere to specific criteria. Developers will enter a fifteen-year agreement to ensure the units remain rentals and meet construction deadlines. Please consult our brochure and application form on this page for more information.
For ongoing updates and further information on this initiative, please subscribe to this page!
In 2020, the Region of Waterloo projected that Woolwich would reach 51,000 residents by 2051, as part of the Regional Official Plan.
Following the 2020 projection of an additional 51,000 residents by 2051 by the Regional Official Plan, the Township received funding from the Federal Housing Accelerator Fund (HAF) in 2024 with the aim of accommodating the projected population growth. In response, multiple initiatives have been undertaken, including a rental housing initiative over three years to subsidize building permit fees and development charge fees (DC's) for new rental housing unit developments in Elmira, St. Jacobs, and Breslau.
This initiative aims to support the creation of over 800 new rental units, including affordable options, by lowering costs for developers. Projects must be on fully serviced properties with a minimum of eleven rental units and adhere to specific criteria. Developers will enter a fifteen-year agreement to ensure the units remain rentals and meet construction deadlines. Please consult our brochure and application form on this page for more information.
For ongoing updates and further information on this initiative, please subscribe to this page!
Share Rental Housing Incentive Brochure and Application Form on FacebookShare Rental Housing Incentive Brochure and Application Form on TwitterShare Rental Housing Incentive Brochure and Application Form on LinkedinEmail Rental Housing Incentive Brochure and Application Form link
For more details on the rental housing incentive, please refer to the brochure below.
Reviewing the application form may provide additional insight. Please find the application form below. Submit the completed form during the posted periods under the project Lifecycle.
Should you have any questions or require further clarification, please do not hesitate to contact the Township. Meetings can be arranged upon request to address any concerns and provide more detailed information.
Page last updated: 20 Nov 2024, 03:41 PM
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Lifecycle
Rental Housing Incentive Promotion
Woolwich Rental Housing Incentive has finished this stage
Brochure and Application Form are now available.
2024 Application Period
Woolwich Rental Housing Incentive has finished this stage
Apply from September 1 to November 1, 2024
2024 Awarding of Subsidies
Woolwich Rental Housing Incentive has finished this stage
Subsidies awarded by December 1, 2024
2025 Application Period
Woolwich Rental Housing Incentive is currently at this stage
Flexible application period
2025 Awarding of Subsidies - Tentative
this is an upcoming stage for Woolwich Rental Housing Incentive
Subsidies awarded by June 1, 2025
2026 Application Period
this is an upcoming stage for Woolwich Rental Housing Incentive
Flexible application period
2026 Awarding of Subsidies - Tentative
this is an upcoming stage for Woolwich Rental Housing Incentive