City of Courtenay Official Community Plan - 2026 update

D

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Administration, Reporting, and Updates Policies 1. The City will publish annual reporting on collections, amenities delivered, fund balances, and benefit density benefits secured. 2. The City will coordinate Growth Contribution Policies with capital planning, asset management, and Local Area Plans. 3. The City will review rates, schedules, and valuation methods on a regular cycle to reflect construction cost inflation, land economics, and OCP priorities.

Inclusionary Zoning - Monitoring Policy Intent – Inclusionary Zoning may be a future tool that requires a portion of new housing to be affordable. The City will monitor development economics and affordable housing needs to evaluate whether an Inclusionary Zoning bylaw is warranted and feasible. Policies 1. Conduct periodic market and financial feasibility analyses by housing typology and area to understand the impacts of mandatory affordable housing requirements on project viability. 2. Track affordable housing outcomes delivered through Density Benefit, CACs, and partnerships. 3. Consider Inclusionary Zoning only if analysis shows that a mandatory requirement would not unduly impair project feasibility and can complement the City’s existing Growth Contribution Policies. 4. If warranted, prepare an Inclusionary Zoning bylaw with clear geographic scope, unit set asides, income targeting, tenure requirements, offsite or cash in lieu options, and administration protocols.

PART D Implementation