Title
Future Housing Priorities and Partnerships
Recommendation
[At the July 6, 2022 Hospitals and Housing Committee meeting, a recommendation was passed that included the report recommendations (#1 & #2) and the addition of four new recommendations:]
The Hospitals and Housing Committee recommends to the Capital Regional District Board:
1. That the CRD Board endorse the Future Housing Priorities and Partnerships in the Capital Region; and
2. That staff be directed to proceed with development of a Program Framework and identification of funding partnership contributions to address unmet housing needs in the capital region based on the priorities identified in Future Housing Priorities and Partnerships in the Capital Region; and
3. That the CRD Board direct staff to include a fourth area of focus in the Program Framework to ensure the rapid and ongoing expansion of newly built publicly owned affordable housing in the CRD; and
4. That funding for the establishment, and seed investment for a scaled up regional housing program be included in the 2023 preliminary budget; and
5. That staff explore creative opportunities for raising capital including from social impact investors with funds to invest in housing.
6. That the CRD Board advocate to the Province of BC to give the right of first refusal for public and non-profit agencies to purchase multi-unit rental buildings.
(NWA)