The Brampton Housing Catalyst Capital Project is a deliverable of the City’s housing strategy “Housing Brampton”. It addresses two of the six principles that will guide the City’s response to housing needs; ‘Collaborate with the non-profit sector’ and ‘Demonstrate innovation’. It also addresses a number of key action items identified under the ‘Big Moves’ in the strategy. Moreover, it is a deliverable of the action item ‘A framework of incentives’.
About the program
Housing Brampton proposes a number of innovative approaches and pilot projects to demonstrate new housing solutions. The ‘Housing Catalyst Capital Project’ will deliver capital funding and support non-profits in the delivery of new housing ideas for Brampton. This will assist non-profits in upfront costs associated with technical studies, design, etc.
The Housing Catalyst Capital Project will help incentivise ideas around new and innovative housing options. The intent is that these pilots will inspire others and help the City establish required policy and other mechanisms to facilitate continued innovation.
Housing Brampton has identified opportunity areas for ideas, partnership approaches and community co-design. The Housing Catalyst Capital Project will call for applications through an Expression of Interest, with a defined project selection criteria.
A total of $4M has been earmarked through the City’s 2021 budget for Phase 1 of the Catalyst Project. This fund will be dispersed among a maximum of 4 applications that are evaluated and selected based on a competitive process.
The Phase 2 of the Catalyst Project will seek funding of an additional $4M through the 2023 Budget process. A separate EOI for Phase 2 will be posted in 2023.
A ‘Selection Committee’ comprising of City and external housing experts will evaluate the proposals.
Successful applicants will be the first to participate in this innovative program.