During Tuesday's throne speech, the provincial government announced a potential major vote-getting initiative to "encourage affordable market housing in B.C. that will put the dream of a single-family home within the economic reach of our children." The speech was short on further details. But, in an interview with Public Eye, Housing and Social Development Minister Rich Coleman revealed it won't be a single policy. Instead it will involve working with municipalities to "bring down the affordability, it will deal with densities, it will deal with looking into development cost charges, how much time does it take to develop housing in B.C. - all of those things that can add cost to try to reduce cost to make it more affordable." Minister Coleman also spoke to the timing of that initiative and how it came to be.
August 27, 2009