Housing targets set for 10 municipalities, including the District
Today the Province released its provincial housing targets for the District of 2,838 net new housing units, comprised of a mix of social, affordable and market units, to be completed within five years.
The District has been working together with the Province to establish attainable housing targets that support both provincial and municipal objectives for increasing housing supply through the development of more diverse and affordable housing.
“The housing targets outlined in the Provincial Order generally align with the housing policies found in our Official Community Plan, and as identified in the Housing Needs Report approved by Council,” said Mayor Mike Little. “However, achieving the high level of non-market housing targets in the proposed timeframe will require funding from senior levels of government, and funding for improvements to regional infrastructure like transportation and utilities.”
There is a critical need for more rental, social and supportive housing in the District as existing market-based housing is unattainable for many local residents and workers.
The District’s Housing Needs Report as approved in July 2023, includes estimates for non-market housing units.