July 18th, 2024

As mentioned in previous updates, on July 8th, Council adopted the proposed annual inflationary update of the City’s Development Cost Charges (DCCs) with an increase of 4.3%. The updated DCCs will come into effect on July 24th, 2024 (in-stream protection will apply).  

The updated DCC rates are as follows: 

More information can be found in the full staff report and the City's correspondence to UDI. 

June 6th, 2024 

The City of Richmond has proposed an annual inflationary increase of 4.3% to its City-Wide Development Cost Charge (DCC) rates, with an anticipated effective date of July 24th, 2024 (in-stream protection will apply). 

Feedback received from the public will be presented to Council for consideration upon second and third readings prior to bylaw adoption. Comments can be submitted through dcc@richmond.ca by June 18th, 2024.

More information can be found in the full staff report and the City's correspondence to UDI.