Housing Strategy

Victoria is committed to improving housing affortability for citizens.

Victoria's Housing Strategy, 2016 - 2025 is the City's plan for how to improve housing affordability over the next decade. It contains 26 ambitious actions the City will be taking to do this, which fall under three main strategic directions:

  1. Increase Supply of housing for low to moderate income households

  2. Encourage Diversity of housing types, tenures, and prices across the city and within neighbourhoods

  3. Build Awareness and partnerships for affordable housing through communication, education and advocacy

Housing Strategy Initiatives

Inclusionary Housing

Council directed staff to replace the existing Density Bonus Policy with a new Inclusionary Housing and Density Bonus Policy to encourage onsite affordable housing in new developments. A draft policy was presented to Council in September 2018, with further stakeholder consultation currently underway. Based on Council direction, a revised policy will be considered by Council in early 2019 with the new policy set to take effect no later than March 31, 2019.

Protecting Rental Housing and Tenants

The City has been exploring different municipal tools to protect and encourage the upgrading of Victoria’s large stock of pre-2000 market rental apartments. There are more than 16,700 apartment units housing a significant number of the City’s renters. With a vacancy rate of just 0.7%, the City needs to retain this large stock of older rental buildings. The City is moving forward with three intiatives to protect rental housing and support for tenants:

  • The City of Victoria’s new Tenant Assistance Policy provides guidelines for tenant assistance when renters are forced to move because their building is being redeveloped. 
  • A Rental Energy and Seismic Upgrade incentive program will aim to improve energy performance and seismic upgrades to the City’s aging rental apartment buildings while retaining tenants. Council has directed staff to identify pilot projects for testing and further development of this incentive program.
  • A new Rental Property Standards of Maintenance Bylaw will establish a basic standard of repair for residential rental properties. The bylaw will apply to all rental units on a one-year trial basis.

Garden Suites

Recent changes mean that garden suites are now allowed in single-family zones across the city, making it easier and less costly for homeowners to build new garden suites. Find out more on the Garden Suites page.

Secondary Suites

Secondary suites are now permitted in most single family homes throughout the City. Only one rental suite is permitted in any single family house, however, Council has directed staff to explore multiple rental suites and secondary suites in more intensive forms of housing (including duplexes and on lots with a garden suite) as a part of neighbourhood planning currently underway.

Short-Term Rentals

Victoria has introduced short-term rental regulations to help protect long-term rental housing, while allowing eligible operators to earn additional income if the short-term rental is their principal residence.

Victoria Housing Reserve Fund

The City has a grant fund available for the development and retention of affordable housing. Through the Housing Strategy and after consultation with housing stakeholders, the guidelines were updated to expand the eligibility criteria and flexibility for how the fund may be used, including creating a tiered system to encourage more family housing, and funding for home ownership projects. Read more about the Victoria Housing Reserve Fund.

Removing minimum unit sizes

The City considered removing the minimum unit size regulations for multi-unit residential developments throughout the City (no minimum unit sizes currently exist in the downtown already) to improve the diversity of housing options in the City. Council ultimately declined to remove minimum unit sizes Citywide and instead directed staff to create a standard unit size in multi-unit zones outside the downtown of 33m2. This work is now complete.

Victoria Housing Strategy – Annual Review

In November 2017 staff presented the first annual review of the Victoria Housing Strategy to City Council, detailing the actions achieved since the Strategy was implemented in June 2016. The report also contained a plan for adding new items to the Strategy going forward, and outlined an approach for the development of a new inclusionary housing policy to replace the existing Bonus Density Policy. Read the staff report here.

Community Workshops

The Victoria Housing Strategy identifies a series of annual workshops as a way to collaborate and explore new ways of achieving housing affordability in Victoria. The first workshop, held on January 18, 2017, was on Affordable Home Ownership. Attendees were from a diversity of housing related fields including non-profit housing, development, finance, government, and academia.

Attendees heard from three speakers describing models of affordable home ownership that exist in other cities and discussed what role the City can play in facilitating affordable home ownership projects. View the presentations:

BC Affordable Home Ownership Presentation
Calgary Affordable Home Ownership Presentation
Canmore Home Ownership Model Presentation

The presentations were followed by a workshop. Participants were asked to identify which of the models could work in Victoria and what else needs to happen to help the City improve affordable home ownership. Read the engagement summary and detailed feedback here.