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Letter

City of Vancouver Financing Growth Policy

UDI Lower Mainland submission to the City of Vancouver.

Given that the City of Vancouver aims to adopt its updated DCL and new ACC policy in 2026, UDI reiterates that the City consider market feasibility and the potential impact of the charges on projects. UDI recommends a robust financial viability analysis with careful attention to key inputs, as well as considering other measures to DCLs to ensure projects can move forward.

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Published Apr 28, 2026

The City’s review of development financing is a critical opportunity to go further in recalibrating the cost burden on new development. Failing to act decisively and boldly will entrench the current slowdown and set back new housing, amenities, and City revenues for years.

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