Province unveils new housing action plan

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The B.C. government has created the Homes for People plan to help add and speed up housing projects across the province.

According to BC government, the Homes for People plan will deliver more homes people need in a shorter timeframe and build more vibrant communities throughout B.C.

The plan will focused on four priorities – unlocking more homes faster; delivering better, more affordable homes; helping those with the greatest housing need; and creating a housing market for people, not speculators.

“If you’ve scrolled through rental listings or seen the prices of homes in your community, you know how tough it is to find an affordable, decent place to live,” said Premier David Eby. “Even though our province is currently building more housing than ever before, it’s just not enough to meet the need. This plan will take us to the next level with unprecedented actions to tackle the challenges head on, delivering even more homes for people, faster.”

“We are in urgent need of more housing throughout British Columbia, which is why we are taking strong steps through our Homes for People strategy to close the gap between supply and demand,” said Ravi Kahlon, Minister of Housing. “We are working with our partners to unlock more homes across the spectrum of housing faster than ever, so everyone in our province can have a safe, secure and stable place to call home.”

Building on major new investments to build affordable housing in the past five years and measures to reduce speculation and protect people in an overheated housing market, Homes for People tackles persistent permitting and zoning challenges, facilitating the delivery of the housing people need, faster. The plan unlocks more homes by creating the conditions to encourage faster housing construction and reduce development costs, including changes in regulations and zoning, less red tape, more incentives, and a focus on targeted types of housing.

Homes for People also delivers more housing people can afford to rent or buy, including more homes within reach for first-time homebuyers, and protects renters. It supports those who need it the most with more housing for those experiencing homelessness and helps more people afford to find a place to call home. Actions in the plan also aim to build a housing market that puts people ahead of profit with measures to crack down on speculators and profiteers and get the proceeds of crime out of the real estate market.

Alongside Homes for People, government is implementing Belonging in BC, a plan to prevent and reduce homelessness. The plan adds 3,900 new supportive housing units and 240 complex-care spaces provincewide, and creates multidisciplinary regional response teams designed to rapidly respond to encampments to better support people sheltering outdoors to move inside.