Victoria city staff are pushing for all new strata developments to include a portion of affordable rental units. In a proposal that was approved at council last week, 15 per cent of condos downtown and 10 per cent of developments in others part of the city would be set aside as affordable units. "It's just one more step in the right direction," said Victoria city councillor Jeremy Loveday. Victoria city staff are pushing for all new strata developments to include a portion of affordable rental units, in an initial proposal that was approved before council this week. Victoria city staff are recommending that new condo projects should include 10 to 15 percent affordable rentals but the move could introduce some complications for strata corporations and owners.

Source: CBC News September 09, 2018 19:41 UTC