Developers and real estate representatives in Waterloo Region are raising alarms about ongoing water servicing constraints that could prevent homebuyers from benefiting from the GST/HST First-Time Home Buyers Rebate. This program, which offers substantial savings of up to $130,000 for eligible buyers of newly built homes, is set to expire on March 31, 2027. Thousands of proposed housing developments are stalled due to limited water servicing capacity, which has halted approvals. Activa CEO John Hartwick emphasized the urgency of the situation during a recent regional council meeting, noting the critical need for housing starts. While an interim servicing allocation plan was approved, it will only allow a fraction of stalled projects to move forward. This limitation raises concerns about the region's long-term growth and its ability to attract new residents. Real estate representatives warn that without available housing inventory, the demand generated by the rebate may not translate into sales. The uncertainty surrounding the rebate's eligibility requirements and timelines further complicates the situation for both builders and prospective buyers.