Tag Archives: SRD Housing Service

Housing, Politics

Mark Vonesch: How A Little Government Can Address The Housing Crisis

At 9:30 AM on Dec 2, Regional Director Mark Vonesch will be joining the Cortes Housing Society to host a community forum in Mansons Hall.* In today’s interview, he gave a sampling of how a little government could help make housing more affordable 

“We are in a housing crisis. Housing is expensive to build and we don’t have enough of it. What can we do as a community in Cortes to get more affordable housing done? Like a lot of issues, we have to approach this from multiple angles. There’s not one thing that’s going to  solve the problem. It’s basically three things.”

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Housing, Politics

SRD Seeks Electoral Approval To Raise Up To $10 Million For A Housing Service

The Strathcona Regional District (SRD) wants to set up its own housing service. They hope to raise up to $10,000,000 for applicable projects and non-profits. This is to be administered through loans, which projects must pay back, but would initially be funded through property taxes. The cost to individual homeowners is small, up to $25 a year for a house assessed at $500,000 until the service pays for itself. The SRD will be seeking your approval through an Alternate Approval Process. If 10% of the electorate (i.e.- 3,456 people) notify the SRD that they are opposed to this new service before 12:00 noon on Tuesday, January 2, 2024, it will be considered defeated and the SRD will have to consider other ways of raising the money.

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Housing, Politics

SRD looking into establishing a Housing Service

The Strathcona Regional District (SRD) is looking into the possibility of setting up a housing service to access funding for affordable housing projects. 

In the staff report prepared for the June 14 Board meeting, it states that 45% of the renters in the SRD are paying more for housing than they can afford. Many homeowners are facing similar affordability problems.

“Both the Comox Valley Regional District and the Cowichan Valley Regional District currently access requisition taxes for a housing service fund, to be accessed by local non-profit housing providers and other partners to support housing projects.”

Staff is not suggesting the SRD increase taxes, the proposal is to set up a service which would allow it to access grant money. 

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