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BC Is helping homebuilders with upfront cost issues to get more homes built.

EPISODE · Jul 3, 2025 · 8 MIN

BC Is helping homebuilders with upfront cost issues to get more homes built.

from Mornings with Simi · host Curiouscast

B.C. Government Eases Development Fee Rules to Spur Housing Builds Key change: Developers now pay 25% of development fees at permit approval and 75% upon building occupancy — instead of full payment upfront. Extended timeline: Builders will now have 4 years (up from 2) to pay development charges. Goal is to ease financial pressure amid high construction costs and interest rates. Guest: Anne McMullin, President of the Urban Development institute. Learn more about your ad choices. Visit megaphone.fm/adchoices

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BC Is helping homebuilders with upfront cost issues to get more homes built.

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