Deferred Motion: Development Cost Charge Reduction Bylaw
Motion
That Council direct Staff to proceed with a Development Cost Charge (DCC) Reduction Bylaw, with a 50% DCC reduction for not-for-profit rental and supportive housing, and with eligibility criteria as proposed in the Staff Report titled “Development Cost Charge Reduction Bylaw”, dated 2026-MAR-18.
Reconsiders an earlier vote
Sources
Agenda itemCity agenda, whole meeting
Staff reportPage 1
Purpose
The purpose of this report is to present the proposed eligibility criteria for a Development Cost Charge (DCC) Reduction Bylaw and to outline the potential financial impacts to the City’s Financial Plan.
Staff recommendation
That the Finance and Audit Committee recommend that Council direct Staff to proceed with a Development Cost Charge (DCC) Reduction Bylaw, with a 50% DCC reduction for not-for- profit rental and supportive housing, and with eligibility criteria as proposed in the Staff Report dated 2026-MAR-18.
DocumentsStaff report about Economic Development, Housing, Land Use & Urban Form