Ravi Kahlon, Minister of Housing, has released the following statement about supportive housing in Richmond: 

Families and people will soon have more multi-bedroom apartment options available to them, thanks to changes to the BC Building Code (BCBC) allowing single egress stair (SES) designs in low- and mid-rise buildings.

The Province is tying the annual allowable rent increase in 2025 to inflation at 3%, down from this year’s allowable increase of 3.5%.

Families and seniors in Vancouver will soon have access to 146 new affordable rental homes as construction begins on Sunrise Village on the corner of Venables and Renfrew streets.

Families and seniors in Burnaby will soon benefit from 161 new affordable homes and 74 child care spaces as construction starts on a new development in the community.

The Province is amending the personal use-notice period for home purchasers in B.C. to three months to improve conditions for first-time homebuyers, while ensuring that tenants have more than two months notice to find new housing.

More than 17,000 homes will be built in areas with the greatest housing needs as housing targets have been established in the third set of priority communities in the province.

The B.C. Financial Services Authority (BCFSA) has taken urgent action to protect the interests of tenants and landlords of approximately 350 properties in B.C. by freezing the bank accounts and suspending the licence of Vancouver-based rental property brokerage firm Rent it Furnished Realty.

Provincial legislation to fix outdated zoning rules and create more small-scale multi-unit homes (row homes, triplexes and townhouses) has now been adopted into local bylaws, or will soon be adopted, by almost 90% of communities throughout B.C., paving the way for more housing options for people with middle incomes.