Millions in infrastructure funding for housing development | CTV News London at 6, Mon. July 6, 2026

The Ontario provincial government has allocated over $11 million in infrastructure funding to London, Ontario, to support housing development and address the city's housing affordability crisis. This funding is part of a broader provincial initiative that includes $8.8 billion over 10 years to reduce development charges, which have been criticized for contributing to housing unaffordability. The funding aims to enable new infrastructure construction without spiking taxes for existing residents, while developers are expected to pass savings to new home buyers. The city has also launched a pilot program to study municipal service corporations as an alternative funding mechanism for infrastructure projects.