News ReleaseMinistry of Municipal Affairs and HousingPublished: July 15, 2026
Belleville awarded $1.24M after breaking ground on 418 new homes
Belleville met — and exceeded — its 2025 housing target and will use $1,240,000 in provincial funding for housing-related infrastructure; spending deadline extended to 2028.
Summary
What happened
- The City of Belleville received $1,240,000 from the Building Faster Fund for meeting housing goals.
- Belleville broke ground on 418 new homes in 2025, reported as almost 35% above its annual target.
By the numbers
- $1,240,000 awarded to Belleville from the Building Faster Fund.
- 418 housing starts in Belleville in 2025.
- Provincial data: 26,084 total housing starts (Jan–May 2026, +17.2% year-over-year) and 13,599 rental starts (Jan–May 2026, +94.9%).
Why it matters
- The money is intended for housing-enabling infrastructure and community services tied to new development.
- Municipalities now have until 2028 to spend Building Faster Fund awards, giving more time to deliver projects.
Related provincial actions noted in the release
- Building Faster Fund: three-year program (announced Aug 2023) up to $1.2 billion to reward municipal progress on provincially designated housing targets.
- Mentioned measures: Development Charge Reduction Program, temporary HST relief on new homes (Apr 1, 2026–Mar 31, 2027), and other infrastructure programs in Hastings County.
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Source: Ontario Newsroom