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If we want to permanently change the income mix of our HOMES BC development, what’s the process?

BC Housing may agree to adjust the income mix to reflect local market conditions.
To make an adjustment in the income mix, you will have to demonstrate the need for an alternative approach with supporting figures. We require the following information to determine whether the income mix should be adjusted to meet housing needs in your community:

  • Does your waiting list show no or little demand for housing by one of the target income groups?
  • Have you advertised to attract eligible applicants to fill the vacancies you’re experiencing?
  • Is your development listed with local and regional housing registries?
  • Have you contacted community agencies, advocacy organizations, and immigrant and refugee service providers to ensure they are referring potential applicants to the development?
  • What are the market conditions in your area?
For assistance and approval in adjusting the income mix of your development, contact your Property Portfolio Manager (PPM).