B.C. rolls out two new initiatives to increase housing supply

Key Takeaways:

• Officials are launching of a one-stop shop that eliminates the need for multiple permitting applications across different ministries. It’s expected to reduce permit timelines by two months.
• Officials are also launching a pilot incentive program to help homeowners build secondary suites to rent. The program will provide approximately 3,000 homeowners with forgivable loans of up to $40,000.
• The pilot program, set to launch in early spring 2024.

The Whole Story:

B.C. is looking to accelerate project permitting and incentivize homeowners to rent out secondary suites with new policy changes. 

“People in our province deserve a decent place to live they can actually afford to rent or buy, but a chronic housing shortage and long permit approval times are frustrating that achievable goal,” said Premier David Eby. “Our government is taking action. We’re making it easier and faster to get provincial permits to build new homes, and offering financial support for people who could build a suite they can rent out at more affordable rates.”

Streamlining permitting 

The first action focuses on speeding up the permitting process through the launch of a one-stop shop that eliminates the need for multiple permitting applications across different ministries. The Single Housing Application Service (SHAS) aims to create a simpler permitting application for homebuilders. With the introduction of SHAS, the province expects permit timelines to be reduced by two months.

“Our government is laser-focused on taking action on housing,” said Nathan Cullen, Minister of Water, Land and Resource Stewardship. “One way we’re doing this is by eliminating the current permitting backlog and speeding up homebuilding project approvals with the launch of a user-friendly tool that connects people to project experts. These expert ‘navigators’ will guide homebuilders through the provincial permitting process and provide a personal, one-stop shop that will streamline the process.”

The SHAS connects homebuilders to “navigators,” dedicated staff in the Ministry of Water, Land and Resource Stewardship, who guide applicants through all stages of permit applications, act as the single, dedicated point of contact for all information related to homebuilding permits and co-ordinate permitting decisions across ministries.

Encouraging rentals 

The second initiative centres on secondary suites and comes ahead of planned legislation this fall to make secondary suites legal throughout the province, and a pilot incentive program to help homeowners build secondary suites.

To help homeowners navigate this process, the province has launched a new comprehensive guide, titled Home Suite Home. The guide provides people with the information to prepare to build and manage a rental suite.

The guide can be used as a resource for people preparing to access the Secondary Suite Incentive Program (SSIP). The pilot program, set to launch in early spring 2024, will provide approximately 3,000 homeowners with forgivable loans of up to $40,000 to create a new secondary suite or accessory dwelling unit on their property. The loans will only go to properties that will be rented below market rates. Additional eligibility requirements of the program have been made available so people interested can prepare ahead of the launch.

“We’ve heard from a lot of homeowners that they would love to create a rental suite on their property, but find the process to build and manage one confusing and time-consuming,” said Ravi Kahlon, Minister of Housing. “Our new Home Suite Home guide and secondary suite pilot program will clearly and concisely provide homeowners with the information they need to make an informed choice on whether adding a rental unit is right for them.”

These initiatives are part of the Province’s Homes for People action plan. Announced in spring 2023.