We'll streamline and modernize housing construction by eliminating outdated parking minimums in projects close to public transit, develop a single-window provincial permitting process, and work with communities to streamline approval processes at the local level.
Getting more affordable housing built through Housing Hub partnerships: Through the Housing Hub we launched in 2018, we'll provide additional low-interest loans to add tens of thousands more homes for middle income families. We'll expand the role of this innovative team to partner with non-profit and co-op housing providers to acquire and preserve existing rental housing. We'll also instruct the Housing Hub to look for new pathways to home ownership through rent-to-own or other equity-building programs.
Require reviews of Official Community Plans every five years that are public, robust and transparent; require that zoning bylaws then be updated to reflect changes to the plan within one year after adoption; and allow for the waiving of hearings for Official Community Plan compliant projects.
Support zoning reform to provide inclusionary (sic) zoning and to ensure that the Residential Tenure Zoning (RRTZ) tool cannot be used to devalue and downzone property.
Ensure no net loss of rental units in real estate redevelopment projects.
Implement split assessments for the commercially-rented portion of buildings through a new commercial property sub-class.
Create a new residential property sub-class for rental housing of three or more units.
Change BC Assessment practices to ensure rental properties are no longer valued based on the highest and best use, but rather on actual rental use.
Enable affordable condominium strata insurance by: encouraging and facilitating self-insurance models for stratas; eliminating the practice of "best-terms" pricing; and reducing statutorily-required insurance for strata properties from full replacement value to a level in line with actual claims cost history.
Reduce delays in building-permit approvals and new homeowner costs.
Improve the municipal development approval process, based on best practices.
Strengthen and enforce Regional Growth Strategy targets so they are robust and effective.
Provide provincial funding to create a digital tracking tool to allow municipalities and applicants to track the progress of individual applications and identify roadblocks.