Milton Earns $8.4 Million From Province After Beating Its 2025 Housing Target

The Town of Milton is set to receive $8.4 million from the Ontario government after the municipality passed its provincial housing target for 2025, the province and local officials announced.

What Happened

According to the Ontario government, the funding comes through the third round of the Building Faster Fund, a program that rewards municipalities for making progress toward provincially assigned housing targets. Milton qualified after the town reported breaking ground on 2,699 new homes in 2025 — roughly 28 per cent above its annual target.

The province says municipalities that reach at least 80 per cent of their assigned targets are eligible for the funding, which is meant to help pay for the infrastructure that supports new housing and community growth. Officials have also said Milton will now have until 2028 to spend its allocation.

Key Details

• Amount: $8.4 million for the Town of Milton

• Program: Third round of the provincial Building Faster Fund

• Reason: Milton exceeded its 2025 housing target by about 28 per cent

• Homes started: 2,699 new homes broke ground in Milton in 2025

• Eligibility: Municipalities must reach at least 80 per cent of their assigned target

• Intended use: Infrastructure such as stormwater systems and road expansion and renewal

• Deadline: Allocations can now be spent through 2028

Community Impact

Local leaders have framed the money as support for the roads, stormwater systems and other infrastructure Milton needs to keep pace with one of the region's fastest-growing communities. Milton Mayor Gordon Krantz and Milton MPP Zee Hamid both described the funding as an investment in growth, while the province tied it to a broader push to increase housing supply across Ontario. Residents may see the effect over time in infrastructure projects connected to new neighbourhoods.

Background

The Building Faster Fund was introduced in 2023 as a three-year program worth up to $1.2 billion. The province has also pointed to other Halton-wide housing infrastructure investments, including money flowing through the Municipal Housing Infrastructure Program.

Source: FM101 Milton Now — https://www.miltonnow.ca/2026/07/09/1137891/

This article is a rewritten summary based on publicly available information. Milton Baithak does not claim ownership of original source reporting. For corrections or removal requests, please contact Milton Baithak.