The City of Surrey has recently secured an astounding $95.6 Million from the federal government's Housing Accelerator Fund (HAF). This investment is set to revolutionize housing construction and simplify policies in the city, igniting a major transformation in the real estate landscape.
Over the next three years, we are expecting the expedited creation of 2,800 homes, directly addressing the pressing need for affordable housing options. This will be just the beginning of a remarkable journey towards a more inclusive and vibrant community.
Looking ahead, the next decade will witness an astonishing 16,500 new homes taking shape in Surrey. This will not only reshape the housing market but also shape the future of our beloved community.
The driving force behind these significant changes lies in zoning modifications that support higher-density residential developments. These changes, combined with an enhanced review and approval process, are set to unleash innovative transit-oriented developments and streamline building permits.
Surrey is making impressive strides towards higher-density living, establishing a more sustainable and efficient approach. The city's commitment to providing a vibrant community for all its residents is quite commendable.
Make sure to stay tuned for more updates and discover the incredible housing opportunities that lie ahead!
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.