| Same as the definition provided in the Provincial Policy Statement, 2014 | Affordable Housing Incentive Program | The Affordable Housing Incentive Program will exempt municipal fees for developments that meet the definition of affordable housing. | ||
| Affordable Housing City of Cambridge Development Charges Deferral Program | Through the Affordable Housing Development Charges Deferral Program, the development charge will be paid 20 years after the issuance of a building permit. | |||
| Affordable Housing Tax Increment Grant Program | This program would provide a grant to property owners who undertake the development or redevelopment of their properties that would result in a reassessment of the properties. |
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| Peterborough Affordable Housing Community Improvement Plan (2012) | ||||
|---|---|---|---|---|
| Affordable Definition | CIP Programs | Description | Program Details | Requirements |
| Same as the definition provided in the Provincial Policy Statement, 2005 | Municipal Incentive Program | The Municipal Incentive Program will waive these municipal fees (planning application fees, parkland fees and cash-in-lieu of parking fees) for developments that meet the definition of affordable housing. | ||
| Development Charges Grant Program | Assistance will be in the form of a grant from the Affordable Housing Partnership Reserve Fund for any new affordable housing units. | |||
| Affordable Housing Tax Increment Based Grant Program | This program would provide a grant to property owners who undertake the rehabilitation of their properties that | - The grant amount for this program shall not exceed 100% of the increase in the Municipal portion of the taxes in years one to five of the program, decreasing to 80% in year six, 60% in | ||