The City of Mississauga has received $28.2 million from the federal Housing Accelerator Fund (HAF) to help get more homes built faster.

This latest instalment is the third the city has received under the fund, with more than $84 million received to date.

The HAF is designed to support the delivery of new homes, including important housing enabling-infrastructure. The city plans to use this latest installment to bolster the funding available under its Affordable Rental Housing Community Improvement Plan and stimulate the construction of more affordable housing units, and to offset any shortfalls resulting from reductions to development charges and fees.

The city says has made significant strides in changing the housing landscape since receiving its first HAF installment. In January 2025, Mississauga became one of the first municipalities in Ontario to reduce or eliminate development charges for residential housing.

Mississauga has also implemented a number of other initiatives, including a 35% property tax reduction for eligible, new multi-residential developments; grants to cover city fees and development charges, as well as pre-approved design plans, for additional residential units and fourplexes; official plan and by-law updates to permit fourplexes and semi-detached homes and homes on smaller lots in residential neighbourhoods; and pre-zoning lands for housing near major transit station areas.

“As a city, we’ve taken bold and proactive steps to help increase the supply of homes our residents urgently need,” said Mayor Carolyn Parrish. “The Housing Accelerator Fund has been instrumental in advancing this work and we are grateful to the federal government for their support and partnership. Predictable, long-term funding from the federal and provincial governments will be critical to our continued success. Stable revenue tools allow cities like Mississauga to plan with confidence and deliver the complete, connected communities our growing population depends on.”