As mentioned in previous updates, on September 15th Council gave second and third reading to the proposed Inclusionary Zoning Requirements for Residential Development.  

Additional information can be found in the Zoning Bylaw Amendment Bylaw and  full report by City staff. 

July 22, 2025

At their meeting on July 14th Council endorsed the Inclusionary Housing Policy and gave first reading to the proposed Inclusionary Housing Framework. Inclusionary Zoning is a new development financing tool – permitted by Bill 16, 2024, Housing Statutes Amendment Act – that allows local governments to require a portion of a residential development be provided as affordable housing. 

Mid-Market Rental Policy Update 

The proposed amendments to the City’s MMR policy are as follows:  

• To require 3rd party tenanting and annual review of MMR units  
  • This update will support oversight of the MMR program and ensure proposed tenants meet eligibility criteria.  
• To adjust tenant eligibility to permit slightly greater flexibility in accessing units
  • This update recognizes the increasing rent costs in the City and will work to ensure that low-to-moderate income households continue to remain eligible for MMR units in the City.
• To set minimum unit size requirements for MMR units  
  • This update will clearly articulate expectations for projects undergoing development and ensure that the MMR units achieve a minimum standard of livability. 

Inclusionary Zoning – Rental 

Inclusionary Zoning – Strata 

Instream applications are also exempted from the new regulations and the City may continue to use its existing Density Bonus and Community Benefit Contribution policy in transit oriented areas until June 30, 2026. Additionally, as the regulations are integrated into the Zoning Bylaw, they can be applied or altered at Council’s discretion if a project seeks to amend its development potential through a traditional rezoning process.  

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