Housing Target Order

As outlined in Schedule A of the HTO, the annual number of net new housing units granted occupancy for the first-year housing target is 1,013 units. The number of net new units recorded at the occupancy stage in the City since September 1, 2025, is 2,054 units, as documented in Section 2 of the Housing Target Progress Report Form, and exceeds the number required for the first-year housing target. It is important to know that housing data generally reflect the cyclical nature of the development industry, so over shorter periods, the number of completed housing units may vary dramatically, and should not be interpreted as a trend.

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