Council is evaluating five funding options to close gaps in…

Council is evaluating five funding options to close gaps in the Health and Housing Action Plan and will direct staff to return with a detailed report. This is a policy direction item, not a project allocation. The options presented cover capital, operating, and partnership funding models, though no specific dollar figures or recipient programs are identified in the agenda materials. The staff report to follow will contain cost estimates, implementation timelines, and the trade-offs between options. That report will determine whether new funding flows into supportive housing capital projects, homeless services, or health infrastructure, which will in turn shape development opportunity in the supportive and affordable housing sector. No project details accompany this item in the available materials.

Council approval is sought for a development at an undisclosed address in Nanaimo, BC. The applicant presented the proposal at the May 11, 2026 council meeting. No outcome has been reported.