Council approved applying to the Union of British Columbia Municipalities Housing Needs Report Program for the full amount of up to $20,000 to support the completion of a housing need report in alignment with requirements under the Local Government Act.
1380 which enables the waiving or reduction of Development Cost Charges for the purposes of not-for-profit and for-profit rental housing within the city, and Tax Revitalization Bylaw No.
Developments will not be eligible for both programs. This will be considered for final adoption at the May 16, 2022 regular council meeting.
The general fund, which captures all other city services, saw higher than budgeted revenues of $103,000, primarily from building permit and business license revenues.