Since 2022, Victoria has updated zoning and planning rules to allow more housing types citywide, sped up approvals (especially for non-market and rental housing), and used grants and incentives like tax exemptions to increase housing supply, affordability, and heritage preservation (a full heritage program review and update is coming soon).
As a result, Victoria has surpassed provincial housing targets, approved approximately 9,000 new homes (50% rental and 20% affordable), and adopted the new OCP to guide future growth, protect renters, support families, and ensure our city can meet housing needs sustainably over the coming decades.