B.C. hands down first set of housing targets to 10 communities
Vancouver and Victoria are among the first 10 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. Kamloops has also made the inaugural list. Provincial authority to set housing targets in those municipalities comes from the Housing Supply Act passed late last fall.
But the legislation also includes what the province calls “compliance options as a last resort” should municipalities struggle to create the necessary conditions for housing.The provincial government that it chose the 10 municipalities based on an index, which economists and housing experts had developed. The index relies on the urgency of local housing needs, the availability of the right housing supply and housing affordability.
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