As mentioned in previous updates, on September 9th, Council adopted proposed Development Cost Charge (DCC) and Amenity Cost Charge (ACC) waivers and reductions as detailed in Option #3 of the report. This option proposes providing general waivers and reductions based on criteria, enabling non-profit organizations and non-market rental developments to budget for costs appropriately. 

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

June 20, 2024

At a Special Council meeting on May 27th, Council directed staff to proceed with the Development Cost Charge (DCC) and Amenity Cost Charge (ACC) waivers and reductions as detailed in Option #3 of the report. This option proposes providing general waivers and reductions based on criteria, enabling non-profit organizations and non-market rental developments to budget for costs appropriately. 

DCC waivers would apply to: 

• Not-for-profit rental housing, including supportive living housing;  
• For-profit affordable rental housing;  
• Subdivision of small lots designed to result in low greenhouse gas emissions; and,  
• Development designed to result in a low environmental impact. 

ACC waivers would apply to: 

• Not-for-profit rental housing, including supportive living housing; and 
• For-profit affordable rental housing. 

Proposed waivers and reductions would only apply to the following: 

• 100% of ACC and DCC charges for voluntary non-market housing. Compulsory inclusionary non-market housing would not be eligible for any waivers or reductions; and 
• 50% of ACC and DCC charges for below-market student housing that serves BCIT or SFU. 

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