Affordable Housing
Mississauga matters
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Affordable Housing

Our priorities:
Public Transit | Infrastructure | Affordable Housing


Affordable Housing

There is a housing affordability crisis in Mississauga, and the wider GTA. Too often, people are forced to move far away from their jobs in our city, or live beyond their means to afford their home. To ensure we have enough appropriate housing stock, Mississauga requires a committed federal funding partner to make housing affordability a reality in our city.

Housing is considered "affordable" when a household pays less than 30 per cent of their total income on housing. In Mississauga, approximately one-third of households are spending more than this on housing - this is an issue that needs to be addressed.

That's why in 2017, the City of Mississauga took the lead by developing a made-in-Mississauga plan to address housing affordability. The goal of "Making Room for the Middle" is to make 35 per cent of all new housing, either rental or affordable ownership ($270,000 - $420,000 ownership/$1,300 per month rental) for middle-income earners ($55,000 - $104,000 household income).

Six of the 40 recommendations made in our strategy require federal support or legislative/policy changes to give the City the ability to incentivize the building of affordable, middle-class housing.

These recommendations include:

  1. Create enduring and sustainable funding programs that realize developer timeframes and financial needs e.g. low-cost loans, grants
  2. Expand affordable homeownership assistance to individuals e.g. shared-equity mortgage programs
  3. Consider taxation policies that incent affordable housing e.g. GST rebates, tax incentives for new or rehabilitated purpose-built rental housing
  4. Explore tax credits and exemptions for affordable housing for example:
    • income tax credit (e.g. new second units)
    • land transfer tax exemptions
    • low-income housing tax credits
  5. Provide standardized local housing data and consistent methodologies to measure housing affordability

Read the Mississauga affordable housing brochure to learn why affordable middle-income housing matters in Mississauga.

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