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Prince George Citizen December 5, 2024

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THURSDAY, DECEMBER 5, 2024

PRINCE GEORGE CITIZEN

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Two years to build 5,218 homes

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Interim housing report provides city councillors with the big-picture goal COLIN SLARK Citizen Staff

A new interim housing needs report for the City of Prince George not only lays out development goals for the municipality but local developers as well, city staff said at the Monday, Dec. 2 council meeting. The interim report says Prince George needs 5,218 more housing units built by 2026 and 12,503 by 2041. Prince George saw 319 housing starts in 2023 and 373 in 2022, according to a city staff report from last January. This new report was prepared to meet the city’s obligations under the province’s Local Government Act, which mandates that municipalities complete an interim housing report by Jan. 1, 2025, and a full report by Dec. 31, 2028. Those figures are further broken down into categories. By 2026, 3,652 housing units are

CITIZEN FILE PHOTO

The province’s Local Government Act requires that municipalities must complete an interim housing report by Jan. 1, 2025, and a full report by Dec. 31, 2028.

needed to meet anticipated population growth, 566 are needed as a buffer, 496 are needed for people experiencing homelessness, 306 are needed for the city’s core housing requirements, 175 are needed for those currently unable to form a

separate household and 21 are needed to maintain a city-wide vacancy rate of three per cent. By 2041 7,234 units are needed for population growth, 2,265 are needed as a buffer, 995 are needed for people experiencing homelessness, 1,224 are

needed for the city’s core housing requirements, 699 are needed for those unable to form a separate household and 95 are needed to maintain the three per cent vacancy rate. PLEASE SEE ‘HOUSING’ ON PAGE 2


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