Oakville just received a major boost from the Ontario government! The province has announced $13.2 million in funding through the Building Faster Fund, a program designed to help municipalities speed up the construction of much-needed housing and community infrastructure.
What is the Building Faster Fund?
The Building Faster Fund is Ontario’s incentive-based program that rewards municipalities for meeting or exceeding their housing targets. With Ontario facing a housing supply shortage, the fund ensures that communities have the resources they need to support growth, build homes, and create stronger neighbourhoods.
Why This Matters for Oakville?
Oakville is one of the fastest-growing communities in Ontario, with an increasing demand for housing and modern infrastructure. This $13.2 million investment will:
• Support the development of new housing projects 🏘
• Improve local infrastructure like roads, transit, and utilities 🚉
• Help create vibrant, sustainable, and livable communities 🌱
By meeting its housing goals, Oakville has proven its commitment to tackling the housing crisis head-on—and this funding will only accelerate progress.
A Step Toward Stronger Communities.
The Ontario government’s continued support for municipalities through the Building Faster Fund sends a strong message: when communities deliver on housing, the province will back them with resources to grow even faster.
For Oakville residents, this means more housing options, better services, and a stronger future.
✅ Stay tuned for more updates on how this funding will transform Oakville—and for the latest news on housing and community development across Ontario.
