February 27th, 2024

The City of Surrey is launching a three-year Action Plan to address the delivery of housing and support affordable housing projects that aim to increase the number of new housing units delivered by 27.8%. Supported by $95.6M through the federal Housing Accelerator Fund, the Action Plan includes several initiatives to increase housing supply, including helping support below-market and affordable rental housing projects.

Staff are prioritizing several actions, including:

• Hiring additional staff to support the implementation of the action plan and continued application processing;
• Drafting the terms of the development incentive program for council consideration;
• Developing ai-powered tools to assist improved communication and quality of development and building permit submissions; and
• Refining the spending plan to ensure that investments are focused on unlocking housing supply.

More information can be found in the City of Surrey’s news release.