All of B.C.\u0027s 188 municipalities and regional districts will be eligible to tap into the $1\u002Dbillion growing communities fund which they can use to build new…
Eby said B.C. is seeing record population growth and “cities of all sizes are on the front lines of this historic level of growth.”Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
All of B.C.’s 188 municipalities and regional districts will be eligible to tap into the $1-billion growing communities fund which they can use to build new infrastructure and amenities such as recreation facilities, transit services, parks and water treatment plants.Eby has promised to set housing targets for municipalities through the Housing Supply Act.
Housing Minister Ravi Kahlon said last week the eight to 10 pilot communities for the housing targets will be selected this spring. The province is sitting on a $5.7 billion surplus plus billions more in unallocated cash which Eby has said the province will use before the end of the fiscal year to support British Columbians. According to B.C. law, any surplus not used before March 31 must be used to pay down the provincial debt.
These grants will complement existing infrastructure funding and will be distributed by the end of March.Our in-depth journalism is possible thanks to the support of our subscribers. For just $3.50 per week, you can get unlimited, ad-lite access to The Vancouver Sun, The Province, National Post and 13 other Canadian news sites. Support us by subscribing today:
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