In June 2024, the Province of British Columbia issued a Housing Target Order (HTO), which requires the City of North Vancouver to complete 3,320 net new units by June 2029. This target was determined by the Province using a calculation to measure existing unmet housing need and anticipated population growth.
Progress Reports
The City is required to report on progress made and actions taken toward meeting the Provincial targets. These reports are required after six months, one year, and annually thereafter.
| HTO Reporting Period |
Cumulative Housing Target
(Net new units)
|
City of North Vancouver Progress
(Net new units)
|
| Year 1 (July 1, 2024 – June 30, 2025) |
581 |
547 |
| Year 2 (July 1, 2025 – June 30, 2026) |
1,190 |
1,385 |
| Year 3 (July 1, 2026 – June 30, 2027) |
1,840 |
- |
| Year 4 (July 1, 2027 – June 30, 2028) |
2,545 |
- |
| Year 5 (July 1, 2028 – June 30, 2029) |
3,320 |
- |
Year 2 Progress
In Year 2 of the Housing Target Order, the City exceeded its cumulative target of 1,190, with 1,385 net new units completed. This means the City met 116% of its target.
Review the Housing Target Report & Summary