The BHA will have four major functions: acquisition, development, operation, and administration. CityofBurnaby | burnaby realestate realestatenews housing
The rumours are true: the City of Burnaby will be establishing a municipal housing corporation called the Burnaby Housing Authority and the plan is to launch the authority this year.
The BHA will then be able to develop new housing units just like any other developer, with its own staff of development managers overseeing design, approvals, and construction. The City stresses that it wants the BHA to be positioned as a corporation that can help fill gaps in Burnaby’s housing supply and contribute “through collaboration, not competition.”
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