Urban Development Institute Taxing Growth: Analyzing the Taxes and Fees on New Housing Development

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Recommendations

Building the housing supply that is

required to meet British Columbia’s

current needs and planning for

future growth will take action by

all levels of government.

The recommendations outlined in this report are

only some of the tools to address taxes and fees

as barriers to new housing delivery. Some of these

recommendations build on the opportunities identified

by the Development Approvals Process Review (DAPR)

and recommendations of the Canada-B.C. Expert

Panel on Housing Supply and Affordability (Expert

Panel), to improve processing times and streamline

development approvals at the local and provincial levels.

Other recommendations include tax-specific solutions

to create certainty for home builders, and intentionally

support the development of new rental housing.

Streamline Development

Approval Processes

Steps must be taken to streamline approvals and

minimize the impact of annual property taxes, as

well as better coordinate government charges to

reduce the layers of taxes and fees that apply to

new housing. Lengthy development processes add

costs to new housing in the form of both time and

funding. Considering the extensive rezoning timelines

in jurisdictions such as Vancouver, holding costs such

as property taxes and interest can become significant

while the project goes through the development

approvals process. Uncertainty in the total amount

of charges on a project add a level of risk that can

jeopardize the viability of the project.

Establish Standardized Timelines and Processes

UDI recommends that municipalities establish

standardized and predictable development approval

timelines and processes. This recommendation aligns

with the Expert Panel, which advised that “the B.C.

government impose statutory time limits to all stages

of the property development process, municipal or

other, for all types of development.” 7 Currently, larger

developments can take many years to reach final

approval due to the capacity constraints of municipal

staff, competing policy objectives, negotiated CACs,

and lengthy Council proceedings. Streamlining municipal

approvals could address the risks associated with taxes

that are charged annually, such as the AST. It could also

minimize the impact of changes to DCC, DCL, and

CAC rates on in-stream projects. Additionally, offsetting

increases in community amenity contributions with added

density would help maintain the viability of a project, and

ultimately support the growth of the full housing continuum.

Incorporate Pre-zoning into Official Community Plans

Pre-zoning sites would reduce a project’s approval

timeline by decreasing the time and risks associated

with a full rezoning process. The DAPR recognizes the

opportunity to “Provide training to local governments

and/ or create best practices guide on conducting

a meaningful and robust public consultation process

for OCP and pre-zoning, then delegate approval of

subsequent applications.” 8 In the Vancouver and

Saanich examples, it is estimated that rezoning could

take anywhere from 12-26 months. The taxes incurred

during this time, and the uncertainty embedded

within the public-hearing process, adds risk to the

delivery of new housing. Approaches could include

pre-zoning at the end of area planning processes,

or pre-zoning within 800 metres of major transit hubs.

This would improve certainty for builders and speed

up the approvals process, reducing both cost and time

barriers to new housing delivery.9

Taxing Growth

Recommendations

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