The provincial government released the first cohort of municipalities that have been targeted to increase housing supply. The City of Victoria as well as the District of Saanich and the District of Oak Bay are on the list.
The Housing Supply Act allows the province to set housing targets that encourage municipalities to make construction more efficient so housing can be built faster. Some of the suggested tools include updated zoning bylaws and streamlined approval processes.
“The housing crisis is hurting people and holding back our economy, and we’re taking action with our partners to cut red tape and get homes built faster for people. Municipalities are our critical partners in addressing the housing crisis and building healthy, economically viable communities,” BC's Minister of Housing Ravi Kahlon said.
“We welcome being part of a first wave of communities challenged to accelerate building homes for people," Victoria mayor Marianne Alto said. "These targets reflect the city’s own commitment to housing current and future Victorians.”
The other municipalities are Abbotsford, Delta, Kamloops, North Vancouver, Port Moody, Vancouver and West Vancouver. A second cohort of 10 municipalities will be announced later this year.