3 of 10 B.C. municipalities under provincial housing mandate hit 1-year target [Video]

Victoria, Delta and the District of North Vancouver were able to meet or exceed provincial quotas under new rules giving the B.C. government oversight of local housing, while other communities came close and some lagged.

The province announced housing targets for an initial 10 communities under its Housing Supply Act in September of 2023, which sets out the total minimum number of net new housing units that must be completed each year over a five-year period. 

Net new means new units that are ready for move-in, minus units that were lost through demolition.

The measure was one of several initiatives from the previous NDP government meant to address the province’s housing crisis.

At the time, the Ministry of Housing said the Housing Supply Act would lay “the foundation for tens of thousands more homes to be built faster in areas with the greatest needs” and cited a rate of 38 per cent beyond …