BRAMPTON, ON (September 3, 2024) – The City of Brampton is proud to announce a $29.8 million investment from the Ontario government aimed at supporting the development of 12,900 housing units and enhancing infrastructure in the city. Following an announcement in Brampton today, which included Doug Ford, Premier of Ontario, Hon. Kinga Surma, Minister of Infrastructure, Hon. Prabmeet Sarkaria Minister of Transportation, Hon. Graham McGregor, Associate Minister of Auto Theft and Bail Reform, Patrick Brown, Mayor of Brampton and other members of Brampton City Council welcomed the investment.
City of Brampton receives $29.8 million investment from the Ontario government. Credit: City of Brampton
The funding, provided through Ontario’s Housing-Enabling Water Systems Fund, marks a vital step in addressing Brampton’s growing housing needs and supporting the City’s Riverwalk project. The funding is aimed at infrastructure enhancements in the downtown area by creating a more resilient and accessible urban environment.
In addition to new housing, new green spaces and community amenities, it creates opportunities to expand commercial and institutional partnerships, contributes to the long-term vitality of downtown Brampton and helps address the challenges of a rapidly growing population.
Today’s $29.8 million investment from the province brings Brampton one step closer to realizing Riverwalk, making way for future housing and economic development.
The City of Brampton remains committed to working with all levels of government to continue to develop a vibrant city supportive of housing and community well-being.
The Ontario government’s media release on the announcement can be found here: Ontario Helping Build More Homes in Brampton
For more information on the Province of Ontario’s investments to build more homes, visit: Ontario Investing Over $1.8 Billion to Build
More Homes
About the Housing-Enabling Water Systems Fund
The Housing-Enabling Water Systems Fund, a $970 million provincial initiative, provides municipalities with the resources necessary to develop, repair, rehabilitate and expand critical water infrastructure. In Brampton, the funding will be dedicated to essential drainage improvements downtown, enabling the construction of 12,900 new housing units.
About Brampton’s Riverwalk Project
Downtown Brampton lies within the Etobicoke Creek floodplain. Provincial policies around hazard management have so far restricted the type and amount of development that can occur there today.
With the removal of restrictions on planning and development in downtown Brampton, the Riverwalk project envisions a remade Etobicoke Creek through the area, surrounded by public spaces and parks connected by the Etobicoke Creek valley corridor and a trail system. It is expected to unlock 3.6 million square feet of residential, commercial and retail space in the downtown, creating more than 23,000 jobs and a $1.4 billion impact on the GDP.
For more information on Riverwalk, visit Brampton.ca/riverwalk
Quotes
“This investment is a clear demonstration of the strong collaboration between the City of Brampton and the Ontario government. A level of support like this will help get more homes built faster, can be a catalyst to unlock the potential of our downtown and helps to advance our transformative Riverwalk initiative, guided by the leadership of Commissioner Ganesh. By enhancing our water infrastructure, we can build more spaces to call home, and we are setting the stage for sustainable and thoughtful developments of the future, through the ongoing efforts of Council colleagues Keenan, Santos and Vicente. Thank you, Premier Ford, Minister Surma and all our local provincial representatives for your continued support and commitment to the growth and success of our community by helping us revitalize the heart of our city.”
- Patrick Brown, Mayor, City of Brampton
“The enhancement of our water infrastructure is fundamental to supporting Brampton's expanding population and ensuring the health and safety of our residents. This substantial funding allows us to move forward with critical projects like Riverwalk, which will not only mitigate flood risks but also unlock new opportunities for housing and economic development in our downtown core. We are grateful for the provincial government's support as we work together to build a more resilient and prosperous Brampton.”
- Michael Palleschi, Regional Councillor, Wards 2 and 6; Chair, Planning and Development Committee, City of Brampton
“We’re working with our municipal partners here in Brampton and across Ontario to get more homes built faster. With billions of dollars in investments in housing-enabling infrastructure, our government is helping get more shovels in the ground to keep the dream of homeownership alive and help families find a home that meets their needs and their budgets.”
- Doug Ford, Premier of Ontario
“By investing in drinking water and wastewater treatment facilities and connecting pipes to land, we are helping municipalities build more homes. Homes can’t be built without connections to drinking water and wastewater.”
- Kinga Surma, Ontario’s Minister of Infrastructure
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