At their regular meeting on November 5th, Council reviewed the Housing Target Progress Report and directed staff to forward the report to the BC Ministry of Housing, as required by the Provincial Housing Supply Act. On September 26, 2023, the City received the Province’s Housing Target Order, which requires that 7,240 net new housing units be completed (i.e. ready for occupancy) in Abbotsford by September 30, 2028. During the first annual reporting period, 602 net new units have been completed in Abbotsford. This is 59% of the Year 1 target of 1,022 new units. Of the 602 net new completed units during the first annual reporting period, 219 (36%) are studio or 1-bedroom units, 223 (37%) are 2-bedroom units, and 160 (27%) units have 3 bedrooms or more. During the reporting period, approximately 327 (54%) owned units and 275 (46%) rental units were completed in Abbotsford. Of the completed rental units, 111 (34%) are below market supportive housing with on-site supports. 

Additional information can be found in the  full report by City staff.