
The City of Kamloops will consider what kind of incentives it could offer for certain infill development.
Councillor Kathy Sinclair says the city could increase its housing diversity, by increasing rental units and affordable home ownership, as well as what is referred to as the “missing middle.”
She says that can include duplexes, fourplexes, eightplexes, and co-op housing or subsidized housing.
“So sort of the bridge between market rentals and home ownership. And it’s not necessarily a straightforward continuum,” Sinclair says.
“If we can schedule a meeting to go over that, considering this is a pretty big area of council’s strategic plan, and we’re obviously seeing a big shortage of rentals and affordable home ownership in our city, I think it’s time well spent.”
Council’s three-member development committee is expected to get more information by mid June from city staff.
According to the Kamloops and District Real Estate Association, in the past 12 months, the average home sale price has risen from $422,000 to $515,000, while the average price of a single-family home is more than $596,000.













