BC’s housing crunch means redefining affordable and middle income

By Sidney Coles Local Journalism Initiative Affordable housing is one of the hottest topics in politics and policy in BC today. A slew of recent legislation proves it. The Ministry of Housing has passed three bills in the past two years (Bills 43, 46 and 47) that all focus on supply through amendments to transit-oriented areas, financing, and residential developments. Bill 16 (Housing Statutes Amendment Act, 2024) gives the municipalities some power to use their bylaw authority to mandate certain requirements that were previously only available through rezoning with the hope of expediting the development approvals processes. Under the authority of the Housing Supply Act, municipalities in the CRD have been ordered to meet specific housing targets. Victoria’s target, set in November 2023, was 4,902 housing units by 2028. It…

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