Streamline Development Approval Fund
On January 19, 2022, the Province met with city mayors and regional chairs at the Ontario Housing Affordability Summit to discuss the housing crisis and coordinate efforts to increase the supply of homes across the province. Premier Ford announced at the Summit that more than $45 million in funding will be provided to help Ontario’s 39 largest municipalities modernize, streamline and accelerate processes for managing and approving housing applications.
The Streamline Development Approval Fund (SDAF) will assist municipalities to unlock housing supply by streamlining, digitizing and modernizing current municipal approaches to managing and approving applications for residential developments. In addition to implementing municipal efficiencies to accelerate housing development, the approved funds may be attributed to hiring temporary staff to eliminate existing backlogs related to development approvals and/or to support diversity internship opportunities in the planning and building departments.
In January 2022, the Ministry of Municipal Affairs and Housing confirmed Vaughan’s funding approval of $1,000,000. The Agreement was finalized on February 23, 2022, and all projects utilizing this funding are required to be completed by October 31, 2023.
As of October 31, 2023, the City has made use of the allocated funding. Comprehensive financial details will be submitted to the province as per their designated reporting procedure on November 1, 2023. For more information, please review the Final Staff Report.