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Municipal / LocalTax credit OntarioVerified June 2026

Property Tax Exemption for Affordable Housing (Region of Waterloo)

Region of Waterloo program that exempts the Regional and education portions of property tax on eligible affordable housing units, lowering operating costs for housing providers (including for-profit landlords) who keep units affordable.

What you get

Money back at tax time

Who it's for

Affordable housing providers in the Region of Waterloo committed to keeping rents affordable over the long term, including non-profits, co-operatives, FOR-PROFIT providers, Indigenous housing providers, community land trusts, and supportive housing providers.

Start your application

This takes you to the official website

What to have ready

Documents they may ask for

  • Government ID for everyone in your household, if available
  • A copy of your lease or rent agreement
  • Recent rent receipt, ledger, or proof of what you owe
  • Recent pay stubs, benefit statement, or income proof
  • ODSP, Ontario Works, CPP, OAS, or other benefit statement if you have one
  • Recent bank statement, if the program asks for it

What to say when you call

Hi, I found your housing support program and I want to check if I can apply. Can you tell me the current rules, documents needed, and the next step?

Use the official page first, then call 211 if you are not sure where to start.

Can I get this?

You have a good chance if this sounds like you:

  • The exemption covers only the Regional and education portions of property tax; the area-municipality portion still applies

What to do next

Check off each step as you go — we'll remember where you are.

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The fine print

More details about the money

Exemption of the Regional and education shares of property tax on the eligible units. The dollar value depends on the property's assessment and tax rates; the area-municipal portion is not exempted.

Amounts and eligibility change. Confirm the current figure with the program administrator through the official link before you rely on it.

The full eligibility rules

Affordable housing providers in the Region of Waterloo committed to keeping rents affordable over the long term, including non-profits, co-operatives, FOR-PROFIT providers, Indigenous housing providers, community land trusts, and supportive housing providers. The exemption covers only the Regional and education portions of property tax; the area-municipality portion still applies.

Good to know

UPGRADED from speculative/low to verified/high. The previously-cited PDF returned 404; the live program page was found and verified. It confirms the program exists, exempts only the Regional and education portions (area-municipal still applies), accepts applications on a rolling basis via an online form, and is explicitly open to for-profit providers as well as non-profits/co-ops/Indigenous/CLT/supportive housing providers. Confirm current intake and eligibility with Region of Waterloo Housing Services.

Official sources we checked
Official program page
This is a summary to get you started — the official page always has the final say. Spot something wrong? Tell us.
This guide is published by Mithulan Perinpanayagam, CPA, CA, who also co-founds Foundation Capital, a private real-estate firm that operates rental housing. Foundation Capital does not set its rents based on anything on this site. This guide is information only — not financial, legal, tax, or benefits advice, and using it does not create a professional relationship. Always confirm current details with the program administrator through the official link before you rely on them.

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