Consideration of Bylaws

Council adopted Housing Agreement Bylaw No. 64-11, 2026, authorizing a housing agreement for the first phase (126 units) of a two-building, 251-unit affordable market rental housing development at 535 Columbia Street. The proposed development is being delivered through the Province’s BC Builds program and will be operated by the Connective Support Society. BC Builds supports the creation of attainable rental housing by partnering with non-profit, public, and private sector organizations to increase the supply of homes for middle-income households. In accordance with BC Builds program requirements, a minimum of 20% of units must be rented at below-market rates. The housing agreement facilitates the provision of affordable market rental housing units in perpetuity in exchange for reduced parking requirements and eligibility for a 10-year revitalization tax exemption.

• Read the full June 9, 2026, report here. 

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