Rental Housing

Vacancy rate eases as Kelowna pushes rental housing construction

KELOWNA - The city has done a lot to encourge development of rental housing and there’s not too much more that can be done, except to let the incentives do their work and keep on pushing for more. That’s the opinion of Luke Stack, a city councillor and also executive director of the Society of...

Double dipping developers get go-ahead from city council

KELOWNA - A pair of micro suite developers have managed to “double dip” taking advantage of two different rental housing incentive programs for the same development. And while some Kelowna city councillors grumbled about the property tax and development cost charge revenue lost to the city, they were reminded staff are already working to close...