Effective August 1, 2024, the Province of British Columbia issued a Housing Target Order to the City of Prince George, aiming to complete at least 1,803 net new housing units over the next five years. "Net new" refers to new, move-in-ready units minus those lost through demolition.
Order breakdown
This target is based on 75% of the Province’s estimate of housing need for the City of Prince George (2,404 units) over the next 5 years. The Province has also provided the City with a comprehensive breakdown of desired unit and tenure types, and affordability guidelines based on estimate need. These guidelines are intended to create housing that meets the specific needs of our residents, such as affordable rental housing for families, and are not included in the official Housing Target Order.
Year one progress report
The six month progress report provides a mid-year update on the City of Prince George’s efforts to meet the provincial Housing Target Order (HTO) issued on August 1, 2024, under the Housing Supply Act. The City’s year one target is 273 net new housing units, and as of July 31, 2025, 284 net new units (104% of the target) have been completed. The September 3, 2025 Report to Council and corresponding provincial reporting provides a breakdown of completed and upcoming units, and highlights key municipal actions supporting housing development, including policy updates, streamlined permitting, and partnerships with BC Housing.
Housing Supply Act background
In May 2023, the Province of British Columbia implemented the Housing Supply Act to boost the quantity and speed of new housing developments. This legislation empowers the Province to establish housing targets for 47 municipalities, as specified under the Housing Supply Regulation. Prince George is included in the third cohort of municipalities selected for Housing Target Orders.
Housing target progress is evaluated after the first six months and then annually, based on net new units completed and municipal actions taken to meet these targets. If a municipality fails to meet the cumulative annual housing target, it must submit a plan detailing actions it will take to achieve the target and work with the Ministry to realize housing goals.
The Ministry of Housing has committed to reviewing 16 to 20 municipalities annually to assess housing targets and address housing supply and affordability. The ministry collaborates with municipalities to understand community housing needs and set targets with careful consideration for local planning and land use.
Role of the City
The Housing Target Order presents a significant opportunity to advance the City of Prince George's existing initiatives, enhance the availability and accuracy of housing completion data, and align Mayor and Council’s strategic priorities with housing development efforts.
Regular progress reporting will track housing completions, building permits issued, and projects in the development pipeline, as well as steps taken by the Municipality to update policies and procedures in support of increased housing. The City of Prince George’s first Year one progress report and Report to Council were provided to Council, the Public, and the Province on September 3, 2025.