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The six-month progress reports on municipalities with housing targets set have now come in, and show that Victoria is ahead of schedule to meet its goals while Saanich and Oak Bay are running behind schedule.Victoria’s goal for the first year was building 659 new homes, with each year ramping up to meet the final target set of 4,902 new homes over five years. In the first six months, Victoria has completed 753 new homes, surpassing its goal for the first year.
Saanich, meanwhile, is only slightly behind the halfway mark of its goal of 440 new units in the first year, completing a net total of 195 units. It would have surpassed its halfway goal, however, the province requires that demolished units be included in the total. Saanich opened 230 new units, but demolished 35. It has been set a target of building 4,610 units in five years.
Oak Bay has been set the goal of building 664 new units over five years, and its goal for the first year was 56. In the first six months, the municipality built a total of 13 units, but demolished six, resulting in a total of seven net new units. “We don’t have a lot of publicly owned land and we don’t have a lot of big projects that are in the queue right now,”. “We’re just saying we know we’re going to have a strong challenge upfront, so come and help us now.”
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