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

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Manage episode 492424819 series 2342424
Content provided by Curiouscast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Curiouscast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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

  continue reading

6157 episodes

Artwork
iconShare
 
Manage episode 492424819 series 2342424
Content provided by Curiouscast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Curiouscast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

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

  continue reading

6157 episodes

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