Condo construction in Victoria. Property values have continued to rise in most areas of B.C. in the past year. (Tom Fletcher/Black Press)

Condo construction in Victoria. Property values have continued to rise in most areas of B.C. in the past year. (Tom Fletcher/Black Press)

B.C. takes over homeowner grant applications, raises eligibility

Online system to open once property tax notices are out

B.C.’s annual homeowner grant will be paid out in full to offset property tax on homes valued up to $1.625 million this year, the latest increase to reflect the continued rise of property values.

The finance ministry sets the rate annually to ensure that most homeowners continue to be eligible for the subsidy, originally established by W.A.C. Bennett’s Social Credit government in 1957 to help people cope with rising property prices.

This year the province is taking over administration for urban areas as well as for rural B.C., meaning applications will be sent directly to the B.C. government using a new online portal that is being set up.

Early applications are not yet being accepted, although property assessments are out, showing increased values for most parts of the province. Homeowners are asked to wait for their municipal property tax notices, with the tax roll and jurisdiction numbers for the application.

RELATED: Speculation tax doesn’t slow B.C.’s hot housing market

RELATED: Metro Vancouver real estate sales shatter record in 2020

Starting this year, applications for the grant will go directly to the province, taking over the task from urban municipalities that have been processing them along with property tax payments.

The grant amount remains the same for 2021, up to $570 for homeowners in Metro Vancouver, the Fraser Valley Regional District and the Capital Regional District. Homeowners aged 65 and over, with a disability or living with a relative with a disability get up to $845.

For regions outside the three urban districts, the grant is up to $770, or $1,045 for seniors and people with a disability. The grant is reduced by $5 for every $1,000 of property value exceeding the annual threshold.


@tomfletcherbc
tfletcher@blackpress.ca

Like us on Facebook and follow us on Twitter.

BC legislatureBC politics

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Ottawa serial killer Camille Joseph Cleroux died of natural causes at Abbotsford’s Pacific Institution on Sunday.
Serial killer housed at Abbotsford’s Pacific Institution dies of natural causes

Camille Joseph Cleroux announced dead on Sunday, known as notorious Ottawa serial killer

A peregrine falcon nest sits atop the walls of a quarry where the owner wants to restart operations. The province has now given permission for the nest to be removed. (Tyler Olsen/Abbotsford News)
Company gets OK to remove rare peregrine falcon nest from Abbotsford quarry

Province says it is satisfied with falcon population estimates and mitigation plans

Abbotsford’s Hailey Maurice, shown here with the Fraser Valley Rush, has committed to the MacEwan University Griffins women’s hockey team. (Tiffany Luke photo)
Abbotsford’s Hailey Maurice signs with MacEwan University Griffins

Local women’s hockey prospect set to join women’s hockey team later this year

This urn was found Jan. 4 at a Yale Road bus stop and has now been returned to its owner. (RCMP photo)
RCMP find custodian of urn that was left at Chilliwack bus stop

Police say the urn contained the remains of a family’s cat

Abbotsford’s Canwest Aero Inc. is offering two pilot training scholarships to celebrate the company’s opening at the Abbotsford International Airport
Abbotsford aviation company offering two free pilot scholarships

Canwest Aero Inc. giving away pair of scholarships valued at $2,500 each

Syringe is prepared with one of B.C.’s first vials of Pfizer vaccine to prevent COVID-19, Victoria, Dec. 22, 2020. (B.C. government)
B.C.’s COVID-19 caseload stays steady with 465 more Tuesday

No new outbreaks in health care facilities, 12 more deaths

New Westminster TV production designer, Rick Whitfield, has designed an office in a box for British Columbians in need of a private workspace. (BC Box Office photo)
PHOTOS: B.C. man designs ‘box office’ solution for those working from home

‘A professionally designed workspace on your property, away from the distractions of home’

(Pixabay photo)
VIDEO: Tip to Metro Vancouver transit police helps woman 4,000 km away in Ohio

Sgt. Clint Hampton says transit police were alerted to a YouTube video of the woman in mental distress

A woman types on her laptop in Miami in a Monday, Dec. 12, 2016, photo illustration. THE CANADIAN PRESS/AP/Wilfredo Lee
British Columbia government lax on cybersecurity practices, auditor reports

The audit did not highlight a specific threat, but it found breaches in cybersecurity are increasing globally

A child joins the Uke ‘n Play kickoff event at the Chilliwack Library on Oct. 1, 2016. (Jenna Hauck/ Chilliwack Progress file)
Events return, in virtual form, at Fraser Valley Regional Library

People can take part in ukulele jam, bullet journaling, reading groups and more

Cranbrook Food Bank coordinator Deanna Kemperman, Potluck Cafe Society executive director Naved Noorani and Sunshine Coast Community Services Society executive director Catherine Leach join B.C.’s new Municipal Affairs Minister Josie Osborne on a video call about B.C. gaming grants, Jan. 19, 2021. (B.C. government)
B.C. gaming grants reorganized for COVID-19 priorities

Minister highlights community kitchens, food banks

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

(Pixabay photo)
‘Cocaine bananas’ arrive at Kelowna grocery stores after mix up from Colombia: RCMP

Kelowna RCMP recently concluded an international drug investigation after finding cocaine in local grocers’ banana shipments in 2019

People wearing face masks to curb the spread of COVID-19 walk past a window display at a store in downtown Vancouver, on Sunday, December 13, 2020. The association representing businesses across Metro Vancouver says the costs of COVID-19 continue to mount for its members.THE CANADIAN PRESS/Darryl Dyck
Greater Vancouver business organization says members face uncertain outlook in 2021

Many Greater Vancouver businesses are barely treading water as they enter 2021

Most Read