Eby's newly-unveiled housing plan seems both comprehensive and ambitious. Dave_Eby | bcndp | realestatenews BC BCpoli
5:57 PM Sep 28, 2022
Increase the Indigenous Housing Fund and engage further First Nations and Indigenous led housing groups to fund, build, and/or support housing for Indigenous people both in and away from traditional communities; and [Use] tools like upzoning select parcels in participating partner municipalities, in combination with government’s favourable lending rates, and matched with expedited approvals — and for some projects public land — [which] will result in significant savings directed to further reduce the costs of housing for the people living in those units.
Eby outlined that such a tax would be determined by data and that significant notice would be provided in advance of implementation to allow investors to sell their properties beforehand and that revenue generated from this tax would go towards things like the aforementioned BC Builds program. Homebuilders in major urban centers will be allowed to replace a single family home with up to three units on the same footprint, as long as they are consistent with existing setbacks and height requirements;Reforms to municipal approvals processes outlined in theProvincial permitting for housing will be ‘one-stop’ and simplified;
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