The City is proud to announce it has exceeded the Province’s Year One Housing Target Order of 656 units, with a total of 1,175 housing units completed between August 1, 2024 and July 31, 2025. This early success reflects long-term efforts that began years before the Province introduced housing targets. The majority of the units completed in Year One were from two major development projects: the One Fifty Braid tower (approved in 2022), and two Pier West towers (approved in 2014).

The City continues to introduce new initiatives to support housing. Last year, the City finalized the 22nd Street Station Area Long Range Vision and launched the Affordable Housing Accelerator program. Staff also completed a review of the development application process to identify ways to improve housing approvals and updated the Family-Friendly Housing Policy with design guidelines, larger unit requirements, and best practices for socially connected multi-unit developments.

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