How long is the Program Grace Period?

The City-wide CAC program start date is October 1, 2016. Any applicant that has a residential rezoning application in process with the City at the program start date would be exempt from paying the CACs if the rezoning is completed within one year (October 1, 2017). This exemption does not apply to multifamily developments that are already subject to the existing Burquitlam-Lougheed CAC program.

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1. What is a CAC Program?
2. Who Pays CACs?
3. How long is the Program Grace Period?
4. When does the CAC program apply?
5. What kind of projects will the CACs fund?
6. What are the CAC rates?
7. How much revenue might the city receive from CACs?