Halton Approves $16.5M for 46 Deeply Affordable Apartments at Milton's 1001 Kennedy Circle

More deeply affordable rental housing is on the way to Milton. Halton Regional Council has approved millions of dollars to help create dozens of new below-market apartments in a building now under construction in the community.

What Happened

According to Halton Region, Regional Council approved $16.5 million to support the creation of 46 new, deeply affordable housing units at 1001 Kennedy Circle in Milton. The units are part of a larger purpose-built rental project being delivered by the development team behind the site.

The Region says the 46 units will be one-bedroom apartments offered at rents set at or below 65 per cent of the Canada Mortgage and Housing Corporation's average market rent for one-bedroom units in Halton. Those reduced rents are to be locked in for 25 years.

Key Details

• Halton Regional Council approved $16.5 million toward the project, according to Halton Region.

• The investment supports 46 deeply affordable one-bedroom units at 1001 Kennedy Circle in Milton.

• The affordable units sit within a larger six-storey, purpose-built rental building, part of a roughly 140-unit development overall.

• The project is led by Milton Thompson Road Development G.P. Inc.

• Rents on the 46 units are set at or below 65 per cent of CMHC average market rent for one-bedroom units in Halton, locked in for 25 years.

Community Impact

Halton has reported a long and growing wait-list for subsidized and affordable housing. Adding 46 deeply affordable units in Milton, with rents protected for a quarter-century, gives lower-income residents a more stable option in a market where one-bedroom rents have climbed well out of reach for many. For Milton specifically, it adds purpose-built rental supply inside a community that has seen rapid growth.

Background

The funding is part of Halton Region's broader push to expand assisted and affordable housing across Burlington, Halton Hills, Milton and Oakville. The 1001 Kennedy Circle building is among several housing projects the Region has helped move forward in Milton.

Source: Halton Region — https://www.halton.ca/news/chairs-corner/2026/halton-invests-in-46-new-assisted-housing-units-in-milton

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