Necessary minimum building targets may soon be implemented to address the province91Ƶs housing supply crisis.
That91Ƶs the belief of Jon Stovell, Chair of the Urban Development Institute Pacific Region (UDIPR). Stovell told a luncheon in Kelowna on May 30 that he expects that Minister Responsible for Housing, David Eby, could bring forth legislation this fall after the municipal elections.
91ƵThat for municipalities that can91Ƶt get the job done, there will be targets or other mandated requirements which will make it essentially a legal requirement to approve the necessary amount of housing to serve a growing population,91Ƶ added Stovell. 91ƵThis is something I thought I would never see in my life.91Ƶ
For municipalities that don91Ƶt, Stovell expects they are going to end up seeing some of their decision-making powers eroded significantly.
91ƵAfter deeply exploring and taxing all the least obvious solutions for housing affordability, the NDP has decided that supply is an issue,91Ƶ he said.
Stovell added that the institute has been meeting monthly with Minister Eby over the last year.
91ƵWe made a presentation to the NDP caucus on why supply is important, and why developers are critical in the execution and delivery of necessary housing.91Ƶ
Read More: Housing minister, municipal governments at odds over B.C. housing supply report
UDIPR polling found about 65 per cent of British Columbians surveyed felt that supply is one of the biggest problems in housing affordability and that municipalities are a significant part of why that supply is a problem.
91ƵThere has been a shift in public sentiment,91Ƶ said Stovell.
He added that the province has not gotten off without criticism from industry either, with the two most notable bottlenecks being the ministries of Environment and Transportation.
91ƵThey can become serious impediments to development in terms of overall permission and on the timeline side of things,91Ƶ said Stovell. 91ƵIt can take six to eight months to get approval in principle from the Ministry of Environment. So we91Ƶve gone after them on that.91Ƶ
The institute is also pressing the province and Eby on construction costs, labour shortages, supply chain issues and interest rates.
91ƵWhich he really doesn91Ƶt have a lot of direct ability to control, but there are things they can do. So we91Ƶre taking advantage of our relationship with the minister to try and get him educated about those issues as well.91Ƶ
Read More: Budget 2022: Feds add measures to curb speculation as housing supply gets $10B boost
gary.barnes@kelownacapnews.com
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