Affordable Rental Housing Community Improvement Plan

During their council meeting on July 18, Welland City Council officially adopted an Affordable Rental Housing Community Improvement Plan (CIP). This program aims to establish a new housing partnership with multiple providers to address the city's affordable housing needs.

The CIP and its accompanying programs offer financial incentives to private property owners and non-profit housing providers who wish to build affordable housing. Creating the CIP is part of the City’s Housing Action Plan and will help the City meet its housing growth target.

The Affordable Rental Housing CIP offers seven incentive programs: Tax Increment Grant, Affordable Housing Study Grant, Affordable Residential Forgivable Loan, Extended Benefits Grant, Municipal Fees Grant, Affordable Housing Reserve Fund, and Special Land Program. For example, a property owner seeking to construct an affordable apartment in their home is eligible to receive up to a $20,000 forgivable loan.

The City of Welland wants to assist in the creation of more affordable housing. If interested in applying for the programs please contact devserv@welland.ca. To review the Affordable Rental Housing CIP, please see documents section of this page.