Toronto's program supports new rent-geared-to-income, supportive, affordable, rent-controlled, and purpose-built rental homes through grants, loans, fee relief, and tax exemptions for eligible projects.
Eligible projects must reserve at least 1 in 5 units as affordable rentals and keep rents controlled at affordability levels for at least 40 years.
Toronto offers interest-free pre-development loans up to $50K per affordable home, while another stream waives planning, permit, and select development-related fees and charges.
An Indigenous-focused stream offers grants, loans, and fee waivers; city council set a target of approving 5.2K affordable rental and supportive homes for Indigenous people.
Toronto's second purpose-built rental call closed in Early-Fall 2026; staff are reviewing >50 applications, with selected projects expected later in Fall 2026.
Toronto Targets 10,000 Rental Units | Don’t hesitate to get in touch for any query. -226-883-4455 -realtorjpgill@gmail.com

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