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BC Is helping homebuilders with upfront cost issues to get more homes built.
B.C. Government Eases Development Fee Rules to Spur Housing Builds
Key change: Developers now pay 25% of development fees at permit approval and 75% upon building occupancy — instead of full payment upfront.
Extended timeline: Builders will now have 4 years (up from 2) to pay development charges.
Guest: Anne McMullin, President of the Urban Development institute.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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By Curiouscast
5
22 ratings
B.C. Government Eases Development Fee Rules to Spur Housing Builds
Key change: Developers now pay 25% of development fees at permit approval and 75% upon building occupancy — instead of full payment upfront.
Extended timeline: Builders will now have 4 years (up from 2) to pay development charges.
Guest: Anne McMullin, President of the Urban Development institute.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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