Penticton to Get Provincial Housing Targets, and Potential Funding
- B.C.'s Housing Ministry announced on May 29, 2025, that it will add 12 communities, including Penticton, to the housing targets list.
- The government expanded the program to include municipalities identified under the speculation and vacancy tax, focusing on areas experiencing strong demand and low housing availability.
- Each community will receive specific housing unit targets with benchmarks to meet, continuing the program initiated under the Housing Supply Act.
- Housing Minister Ravi Kahlon emphasized that as additional municipalities are included in the housing targets initiative to address the rising need for homes, collaboration with local governments will remain a priority.
- This addition supports Penticton and others in accelerating homebuilding to meet population needs while accessing potential funding like the $1-billion Growing Communities Fund.
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Leaning Left11Leaning Right0Center1Last UpdatedBias Distribution92% Left
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