In response to the pressing need for affordable housing in British Columbia, the provincial government is taking bold steps to address the housing crisis. These measures aim to accelerate the permitting process and promote the construction of secondary suites for rent. Here’s a closer look at how the B.C. Housing Initiatives will impact homeowners and the real estate market.
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Ban on evictions for non-payment of rent ends September 1
What you need to know: On July 16, the provincial government announced details of a repayment framework intended to help landlords and renters, including renters who’ve fallen behind on rent payments, to maintain their housing when the ban on evictions for non-payment of rent is lifted on September 1.
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