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Letter

District of Lake Country Development Cost Charges

UDI Okanagan submission to District of Lake Country.

UDI Okanagan wrote to the District of Lake Country to formally request a phased-in approach to the proposed increases to Development Cost Charges (DCCs), allowing for a more gradual financial transition for developers while maintaining housing affordability.

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District-of-Lake-Country-DCC-Letter-November-29-2024.pdf / 181.86 KB

โ€œThis approach seeks to balance the Districtโ€™s need for sustainable infrastructure funding with the development industryโ€™s ability to adapt to changing costs. A phased implementation would allow ongoing projects to proceed under existing terms, thereby mitigating disruption, supporting housing affordability, and maintaining Lake Countryโ€™s competitive position as a desirable location for development."

Download (pdf)

District-of-Lake-Country-DCC-Letter-November-29-2024.pdf / 181.86 KB
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