Mississauga’s Plans for Housing and Infrastructure Funding

The City is seeking $2.2 billion in funding for initiatives that will help reshape Mississauga and create thousands of new housing units.

Mississauga has shared the five key projects it plans to propose for the new Development Charges Reduction Program (DCRP). The city was among the first in Ontario to cut development charges to facilitate more home construction and enhance affordability. By reducing development charges by as much as 100 percent, Mississauga is well-positioned to secure funding through this program.

The DCRP is a vital component of the Canada-Ontario Partnership to Build. This $8.8 billion collaborative initiative aims to boost housing supply. The program offers funding to municipalities that lower development charges by at least 30 to 50 percent and advance projects that expedite new home construction.

Projects That Create New Housing

Mississauga is putting forward these five projects for DCRP funding.

Transit Maintenance and Storage Facility ($650 million)

A brand-new zero-emission facility will assist Mi Way in transitioning its bus fleet to cleaner technology, expand capacity, and enhance transit service. It will also promote transit-oriented development by enabling around 9,900 new housing units by 2036.

Downtown Transit Mobility Hub ($500 million)

This project aims to increase capacity at the City Centre Transit Terminal while preparing the network for anticipated future LRT ridership growth. It will improve connectivity and access to higher-order transit, making it simpler to develop higher-density housing in downtown Mississauga. Approximately 9,900 new housing units are expected as a result by 2036.

Library and Community Centre Projects ($175 million each)

Two net-zero community centers and libraries located in Mississauga Valley and Cooksville will broaden access to recreation and library services in some of the city’s rapidly growing neighborhoods. These initiatives ensure that community infrastructure keeps pace with significant growth and development.

Housing-Enabling Road Infrastructure ($175 million)

A series of road upgrades across key corridors throughout the city will enhance capacity and support expansion efforts. These investments also help unlock potential development lands. They aim to reduce congestion while connecting new communities with transit options and essential services. The project could facilitate approximately 9,000 additional housing units over the next decade.

Downtown Music and Convention Centre ($500 million)

This initiative aims to stimulate growth by attracting investment while supporting a lively, transit-friendly downtown area. As a hub for residents and visitors alike, this project would make it easier to promote higher-density housing along with ongoing developments. Upwards of 14,000 new housing units may be created over the next ten years as a result.

The proposed projects encompass both infrastructure that supports housing as well as city-building endeavors aimed at creating complete communities focused on homes, jobs, services, and transit accessibility.

Mississauga’s Housing Initiatives

Beyond significantly lowering development charges, Mississauga has introduced various measures focusing on housing that encourage new developments while enhancing affordability. Following recommendations from the Mayor’s Housing Task Force report, here are some highlights:

Incentives for affordable rental housing: Increased support for the City’s $70 million affordable rental housing program aimed at facilitating more affordable rentals. Encouraging broader residential options: The newly adopted Mississauga Official Plan allows permissions for over 370,000 new residential units city-wide by 2051. Support tools for homeowners adding units: Pre-approved garden suite plans simplify building backyard suites while grants under the City’s Gentle Density Incentive program encourage second, third, or even fourth rental units within neighborhoods. Streamlined approval processes: To make doing business with the City easier, Mississauga is simplifying approvals which helps speed up housing delivery – including pre-zoning areas near major transit hubs. Tax incentives promoting rental developments: A reduction of 35 percent applied to municipal tax rates targeting newly built multi-residential properties.

The Way Forward

The City plans on submitting its DCRP application before the June 19, 2026 deadline. If successful, this funding could cover up to 90 percent of eligible project costs which would allow advancement on critical initiatives supporting housing expansion. These efforts would bring lasting advantages for residents and businesses throughout Mississauga.

Statements

“We have been trail-blazers in taking bold action to reduce development charges. It was necessary to get more homes built and make them more affordable. Waiting was simply not an option. It’s encouraging to see the federal and provincial governments acknowledging Mississauga’s novel approach. We’re confident the projects we’ve put forward will receive funding. They support critical infrastructure that will drive growth in our city while creating broader benefits for the province as a whole.” – Mississauga Mayor Carolyn Parrish

“Mississauga’s DCRP application is an important step in our ongoing approach to supporting housing growth while maintaining fiscal responsibility. By advancing a prioritized slate of infrastructure projects – from transit and roads to community and cultural spaces – we are positioning Mississauga to build complete, connected communities. Securing this funding would significantly offset project costs, reduce pressure on debt and reservesand help support investment , job creation , and long-term prosperityin Mississuaga.” – Marisa Chiu , Commissionerof Corporate Services , Chief Financial Officerand Treasurer

“Mississaugas’ business community has seen firsthandthe national leadership demonstratedbythe Mayorand City Councilin confrontingthehousing crisis head-on. The Citysbold actions particularlyitsunprecedented reductionstodevelopmentcharges streamliningofapprovalsandcommitmenttohousing-supportiveinfrastructurehavepositioned Mississa ugasamodelformunicipalitiesacross Canada seekingtotranslatepolicyambitionintoreal, on-the-groundresults.” – David Wojcik , Interim Presidentand CEO , Missis sauga Boardof Trade

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Cityof Mississuaga Media Relations
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