housing - SurreySpeak

Surrey Targets 27.8% Housing Boost by End of 2026

Surrey is set to increase its housing supply by 27.8% by December 2026, aiming to issue 13,000 new housing units under the federal Housing Accelerator Fund (HAF). The city has already surpassed its second-year target with 9,017 units issued as of May 2025. In return, Surrey will receive $100.7 million in federal funding, contingent on meeting annual targets. The city has implemented over 25 process improvements to speed up approvals and is updating Neighbourhood Concept Plans to align with market needs. Council also endorsed zoning changes to support affordable housing, addressing a projected demand for over 53,000 new homes in five years.

ayush
July 28, 2025
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Feature

Affordable Housing in Surrey Expands With 69 New Units

Surrey boosts affordable housing with 69 co-op units downtown. Sunshine Co-op offers deeply affordable rents and mixed-income community living.

shivani
July 19, 2025
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Feature

Surrey Exceeds Housing Target by 53% in First Year

The City of Surrey has outpaced its first-year provincial housing target by 53%, granting occupancy to 6,488 new dwellings between July 1, 2024, and June 30, 2025. This exceeds the provincial goal of 4,233 units under B.C.’s five-year Housing Supply Act. City officials credit over 30 process improvements that have accelerated approvals and construction timelines. With more than 45,100 units rezoned and 13,100 under permit, Surrey remains on track to meet its full five-year target of 27,256 homes. Mayor Brenda Locke praised the city’s bold steps toward housing progress.

ayush
July 18, 2025
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Feature

New Surrey Housing Co-op Adds 69 Affordable Units Downtown

The Sunshine Housing Co-op has opened a new 69-unit building in Surrey’s City Centre, offering deeply affordable rents. Funded by $12.5 million from BC Housing and a $2.8 million land contribution from the City of Surrey, the project replaces the former co-op site and adds 30 new homes. Mayor Brenda Locke praised the development as a step toward inclusive housing. The original site near Gateway SkyTrain is now set for redevelopment by the Surrey City Development Corporation, with plans for up to 1,800 new homes.

ayush
July 18, 2025
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Business

Neighbour Co-Living Launches in Victoria with $1.2K Rents

Victoria’s new co-living tower, Neighbour, offers flexible leases, shared amenities, and rents starting at $1,275 to combat housing unaffordability.

shivani
July 8, 2025
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Youth Mentorship in Surrey Builds Future Leaders

Education

New Education Mega Centre to Transform Student Housing

Surrey Welcomes Ambitious Education Mega Centre Project In a major move set to reshape student housing and urban living, Surrey is gearing up for the Education Mega Centre—a dynamic mixed-use project developed by Global Education Communities Corp. (GECC) in collaboration with the Pure Group of Companies. This 49-storey marvel is not just a skyscraper; it’s […]

shivani
June 25, 2025
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