BC Is helping homebuilders with upfront cost issues to get more homes built. Podcast Por  arte de portada

BC Is helping homebuilders with upfront cost issues to get more homes built.

BC Is helping homebuilders with upfront cost issues to get more homes built.

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B.C. Government Eases Development Fee Rules to Spur Housing Builds Key change: Developers now pay 25% of development fees at permit approval and 75% upon building occupancy — instead of full payment upfront. Extended timeline: Builders will now have 4 years (up from 2) to pay development charges. Goal is to ease financial pressure amid high construction costs and interest rates. Guest: Anne McMullin, President of the Urban Development institute. Learn more about your ad choices. Visit megaphone.fm/adchoices
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