housing

Over 1800 homes coming to Prince George through new targets

Jul 31, 2024 | 2:42 PM

PRINCE GEORGE — More than 17,000 homes will be built in areas with the greatest housing needs as housing targets have been established in the third set of priority communities in the province. Prince George has been included in this third set of communities.

These housing targets are net-new units to be completed within five years. The target for Prince George is 1,803 units to be built. A total of 17,599 homes are expected to be delivered by the third set of communities, representing a 58% increase in overall housing to be built when compared to historical trends.

Municipalities will be evaluated after six months, then every year, on their progress toward achieving the housing targets. The Province will monitor progress and work with the municipalities to support them in achieving their targets.

“The best way to solve the housing crisis and build more homes for people is by working together,” said Ravi Kahlon, Minister of Housing. “Our government is working closely with municipalities to ensure more homes are built in communities with the greatest needs. By having these targets, all levels of government will be able to align to address the housing crisis and help build more affordable housing for people in these communities for years to come.”

“The City of Prince George is committed to achieving housing for all residents and welcomes the opportunity to work with the Ministry of Housing under the Housing Target Order,” said Simon Yu, mayor of Prince George. “This order aligns with ongoing efforts to enhance housing availability in our community and improve the quality of life for people in Prince George. We are optimistic that we will meet our target of 1,803 new housing units in the years to come.”

Targets are based on 75% of the Province’s estimated housing need for each municipality. Meeting these targets within five years will work toward addressing each community’s projected growth and housing needs.

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