Strata owners will soon have more certainty and consistency around the repair and maintenance of common property with new regulations to close a loophole that allowed strata corporations to indefinitely defer depreciation reports.

Improvements to the Shelter Aid for Elderly Renters (SAFER) program and a one-time rental benefit of $430 will bring relief for families and seniors with low incomes who are receiving a rent subsidy through the Rental Assistance Program (RAP) and SAFER program.

New measures are coming that will improve the ability of local governments to build more affordable, livable communities for people and help tenants facing eviction from redevelopment.

The Province has updated the Provincial Policy Manual: Transit-Oriented Areas (TOA manual) to ensure local governments are supported in delivering the housing and amenities people need in areas near transit hubs.

More renters with low to moderate incomes will be able to get financial support as the Province provides additional funding to BC Rent Bank to help people sustain their housing when faced with an unanticipated financial challenge.

More affordable housing options are on the way for people in B.C. as eligibility for the upcoming Secondary Suites Incentive Program (SSIP) is being expanded to 15 regional districts.

New data released by BC Housing shows for the second consecutive year, a record number of purpose-built rental homes were registered in British Columbia, approximately 30% more than in 2022.

Regulations and policy manuals have been issued to further support local governments as they work in partnership with homebuilders to deliver more homes for people.