The Region of Durham has released its Development Charge Background Study.
The Region is proposing to increase the development charge fee for a single detached from $40,529 (as of January 1, 2023) to $79,033, an increase of $38,504 or 95%.
As Bill 23 requires that new Development Charge fees be phased in, the proposed rate for a single detached unit for July 1, 2023 is $65,896.
The Proposed Residential Development Charges Full Calculated Rate is here:
For comparison, the table below shows the rate per unit type in 2018 and in 2023:
Important dates:
- April 12, 2023 - Statutory Public Meeting
- April - May 2023 - Bylaw revisions (if necessary)
- May 5, 2023 - Last day for public comments
- June 14, 2023 - Bylaw goes to Regional Council
In addition, the new proposed DC bylaw seeks to reduce the redevelopment credit time frame from 10 years to 5 years.
DRHBA and BILD have partnered to hire Altus Group to review the background study and provide feedback.
If you have any questions or comments, please contact Stacey.
