Title
Bylaw No. 4691, “A Bylaw to Repeal Bylaws No. 3294 and 3296, 2025” - Regional Housing Trust Fund Commission and Advisory Committee
Recommendation
[At the July 2, 2025 Hospitals and Housing Committee, the recommendation was carried as amended with “$300,000 of funds in the Regional Housing Trust Fund”, with the remaining funds (approximately $800,000), and that $700,000 in requisition under the Regional Housing Trust Fund.]
The Hospitals and Housing Committee recommends to the Capital Regional District Board:
1. That Bylaw No. 4691, “A Bylaw to Repeal Bylaws No. 3294 and 3296, 2025”, be introduced and read a first, second and third time;
(NWA)
2. That Bylaw No. 4691 be adopted;
(NWA, 2/3rds on adoption)
3. That up to $300,000 of the funds in the Regional Housing Trust Fund be allocated to the Rural Housing Program Pilot Project, with the remaining funds (approximately $800,000) allocated to the Capital Region Housing Corporation’s Verdier Project;
4. That $700,000 in requisition under the Regional Housing Trust Fund be included in the Capital Regional District provisional 2026 Financial Plan; and
(WP - All except Colwood, Langford, and the JDF Electoral Area)
5. That Edward Robbins, Chief Administrative Officer, or their duly authorized delegate, be authorized to negotiate and execute agreements, issue funds from the Regional Housing Trust Fund to the Rural Housing Pilot Project and the Capital Region Housing Corporation’s Verdier Project, and do all things incidental to finalize such agreements and implement the projects.
(WA)