The Government of Canada and Town of Gibsons Partner to Accelerate Housing Development

March 14, 2024

Today marks a significant milestone in addressing housing affordability in Gibsons as Mayor Silas White and MP Patrick Weiler announced a partnership between the Government of Canada and the Town of Gibsons, with $2.1 million in federal funding to expedite much-needed housing construction. This agreement will result in the creation of 58 additional homes over the next three years and is projected to contribute to the development of 900 homes over the next decade.

“The agreement under the Housing Accelerator Fund (HAF), will provide $2.1 million to eliminate barriers to building the housing we need, faster. Gibsons Action Plan commits to five local initiatives that support more housing development in the community including medium-density and multi-family housing like townhouses and multiplexes. The Town will reduce or eliminate off-street parking requirements for housing developments, identify areas suitable for increasing density, and create a strategy to develop municipal lands for affordable and rental housing.”

The Housing Accelerator Fund marks a significant step forward for Gibsons, enabling us to embark on a series of initiatives aimed at addressing our housing needs effectively. We extend our appreciation to the Government of Canada for this significant contribution—it is one of the largest grants our town has received,” says Mayor White. “Together, we’re shaping a more inclusive future for our current and prospective residents to be a vibrant community.

Read the full press release from CMHC:

Helping build more homes, faster in Gibsons | CMHC (cmhc-schl.gc.ca)