Province plans to release B.C. major market housing targets shortly - Terrace Standard

  • 📰 TerraceStandard
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 68%

United States News News

United States United States Latest News,United States United States Headlines

Province plans to release B.C. major market housing targets shortly

The provincial government remains in consultation with the first 10 municipalities targeted for additional housing.

B.C.’s housing ministry said consultations with the cohort will continue through August with the final numbers expected to be announced shortly thereafter. In late May, Housing Minister Ravi Kahlon announced Vancouver and Victoria would be among the first communities subject to new housing targets set by the provincial government under legislation passed last year. Abbotsford and Delta in the Fraser Valley; North Vancouver, West Vancouver and Port Moody in Greater Vancouver; Oak Bay and Saanich in Greater Victoria and Kamloops also made the list.

Provincial authority to set housing targets in those municipalities comes from the Housing Supply Act passed late last fall. It encourages municipalities, starting those with what the province calls “the greatest need and highest projected growth,” to build more housing by knocking down barriers, including updating zoning bylaws and streamlining local development approval processes.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 24. in US

United States United States Latest News, United States United States Headlines