Thousands of first-time home buyers will have the opportunity to purchase a home at an initial 40% below market value at the Heather Lands in Vancouver, made possible through an innovative financing initiative envisioned by xʷməθkʷəy̓əm (Musqueam), Sḵwx̱wú7mesh (Squamish), and səlilwətaɬ (Tsleil-Waututh) (MST) Nations delivered in partnership with the Province.

People building small-scale, multi-unit housing can plan faster and at a lower cost by using free standardized designs now available to the public.

Plans for a community building are moving ahead in the Downtown Eastside (DTES), and will now include additional supportive and affordable homes, connected to health and social services.

People will soon have access to hundreds more affordable homes in communities they love through a partnership between the Province and Metro Vancouver.

Updates to the BC Building Code will benefit people in the building and housing sectors with the expanded use of mass timber in taller buildings, as well as schools, libraries and retail.

As part of Budget 2024 measures that will increase supply and make homes more affordable and accessible, the Province is taking action against speculators and those who profit from “flipping” homes.