Ottawa’s $692 Million Development Charge Deal: What It Funds and What It Means for the City’s Growth Plan
Photo credit: Flickr With council approval on July 15th, the City of Ottawa will apply to Ontario’s Development Charge Reduction Program (DCRP) for $692.2 million in infrastructure funding. In return, Ottawa has committed to a 54 percent, three-year reduction in residential development charges (DCs). This effectively means the City will cut the fees for developers to build new housing. Normally, DCs are charged with […]