Interim Housing Needs Report for the Electoral Areas
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Legislative requirements for Housing Needs Reports were first established in 2019, requiring local governments to collect data, analyze trends, and present reports that describe current and anticipated housing needs in their community. Local governments were required to adopt their first Housing Needs Report by April 2022. Fraser Valley Regional District (FVRD) received the first Housing Needs Report for the Electoral Areas in April 2021.
In November 2023, the Province updated Housing Needs Report requirements through Bill 44. This necessitated that local governments, including the FVRD, complete an Interim Housing Needs Report by January 1, 2025.
The Interim Report's purpose is to update projections using a new standardized methodology (the "HNR Method"). The Interim Housing Needs Report must only include three new, additional items:
The number of housing units required to meet current and anticipated needs for the next 5 and 20 years, as calculated using the HNR Method provided in the Regulation;
A statement about the need for housing close to transportation infrastructure that supports walking, bicycling, public transit, or other alternative forms of transportation; and,
A description of the actions taken by the local government, since receiving the most recent Housing Needs Report, to reduce housing needs.
Regional districts must include this required content for each electoral area.
A full comprehensive update to the Housing Needs Report for the Electoral Areas will be conducted in accordance with the requirements of the Housing Needs Report Regulation and be received by the FVRD Board by December 31, 2028.
Further Data Analysis Required
Additional analysis is required to fully understand and contextualize the implications of the 2024 Interim Housing Needs Report projections in the electoral areas. The HNR Method presents some key limitations when applied within electoral areas. On their face, the projections indicate the number of new units required over 5 and 20 years to meet housing need. However, additional context is required to understand the existing conditions within the electoral areas and where opportunities may exist to address housing needs outside of the construction of new units, such as addressing the existing underutilized housing supply.
Check back to this page for additional analysis in early 2025.
Legislative requirements for Housing Needs Reports were first established in 2019, requiring local governments to collect data, analyze trends, and present reports that describe current and anticipated housing needs in their community. Local governments were required to adopt their first Housing Needs Report by April 2022. Fraser Valley Regional District (FVRD) received the first Housing Needs Report for the Electoral Areas in April 2021.
In November 2023, the Province updated Housing Needs Report requirements through Bill 44. This necessitated that local governments, including the FVRD, complete an Interim Housing Needs Report by January 1, 2025.
The Interim Report's purpose is to update projections using a new standardized methodology (the "HNR Method"). The Interim Housing Needs Report must only include three new, additional items:
The number of housing units required to meet current and anticipated needs for the next 5 and 20 years, as calculated using the HNR Method provided in the Regulation;
A statement about the need for housing close to transportation infrastructure that supports walking, bicycling, public transit, or other alternative forms of transportation; and,
A description of the actions taken by the local government, since receiving the most recent Housing Needs Report, to reduce housing needs.
Regional districts must include this required content for each electoral area.
A full comprehensive update to the Housing Needs Report for the Electoral Areas will be conducted in accordance with the requirements of the Housing Needs Report Regulation and be received by the FVRD Board by December 31, 2028.
Further Data Analysis Required
Additional analysis is required to fully understand and contextualize the implications of the 2024 Interim Housing Needs Report projections in the electoral areas. The HNR Method presents some key limitations when applied within electoral areas. On their face, the projections indicate the number of new units required over 5 and 20 years to meet housing need. However, additional context is required to understand the existing conditions within the electoral areas and where opportunities may exist to address housing needs outside of the construction of new units, such as addressing the existing underutilized housing supply.
Check back to this page for additional analysis in early 2025.