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

A health-care worker prepares a dose of the Pfizer-BioNTech COVID-19 vaccine at a UHN COVID-19 vaccine clinic January 7, 2021. THE CANADIAN PRESS/Nathan Denette
Employers might be able to require COVID-19 vaccination from employees: B.C. lawyer

‘An employer must make the case’ using expert science, explains lawyer David Mardiros

(File Photo)
Sparwood accepting submissions for 2021 Street Art Banner Program

Artwork depicting a love for Sparwood’s community and heritage will be accepted until Feb. 19

Interior Health reported 79 new cases of COVID-19 and two new death in the region Friday, Jan. 22, 2021. (Ben Hohenstatt/Juneau Empire)
79 new COVID-19 cases, two deaths reported in Interior Health

Both of Friday’s deaths were both recorded at long-term care homes

(File photo)
Interior Health declares COVID-19 outbreak at Teck’s Elk Valley operations over

48 cases were linked to three Teck locations in the Elk Valley

Joanna and Aysha Haines opened their business, Drift and Sonder, on Jan. 22. (Soranne Floarea)
New businesses popping up in Fernie despite pandemic headwinds

More businesses in Fernie have opened than closed their doors since the pandemic began

Terrance Josephson of the Princeton Posse, at left, and Tyson Conroy of the Summerland Steam clash during a Junior B hockey game at the Summerland Arena in the early spring of 2020. (John Arendt - Summerland Review)
QUIZ: How much do you know about hockey?

Test your knowledge of Canada’s national winter sport

From the left: Midway RCMP Csts. Jonathan Stermscheg and Chris Hansen, Public Servant Leanne Mclaren and Cpl. Phil Peters. Pictured in the front are Mclaren’s dog, Lincoln and Peters’ dog, Angel. Photo courtesy of BC RCMP
B.C. Mounties commended for bringing firewood to elderly woman

Cpl. Phil Peters said he and detachment members acted after the woman’s husband went to hospital

Dr. Jerome Leis and Dr. Lynfa Stroud are pictured at Sunnybrook Hospital in Toronto on Thursday, January 21, 2021.THE CANADIAN PRESS/Frank Gunn
‘It wasn’t called COVID at the time:’ One year since Canada’s first COVID-19 case

The 56-year-old man was admitted to Toronto’s Sunnybrook Health Sciences Centre

An Uber driver’s vehicle is seen after the company launched service, in Vancouver, Friday, Jan. 24, 2020. Several taxi companies have lost a court bid to run Uber and Lyft off the road in British Columbia. THE CANADIAN PRESS/Darryl Dyck
Taxi companies lose court bid to quash Uber, Lyft approvals in British Columbia

Uber said in a statement that the ruling of the justice is clear and speaks for itself

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

A 75-year-old aircraft has been languishing in a parking lot on the campus of the University of the Fraser Valley, but will soon be moved to the B.C. Aviation Museum. (Paul Henderson/ Chilliwack Progress)
Vintage military aircraft moving from Chilliwack to new home at B.C. Aviation Museum

The challenging move to Vancouver Island will be documented by Discovery Channel film crews

A video posted to social media by Chilliwack resident Rob Iezzi shows a teenager getting kicked in the face after being approached by three suspects on Friday, Jan. 22, 2021. (YouTube/Rob i)
VIDEO: Security cameras capture ‘just one more assault’ near B.C. high school

Third high-school related assault captured by Chilliwack resident’s cameras since beginning of 2021

FILE - In this Feb. 14, 2017, file photo, Oklahoma State Rep. Justin Humphrey prepares to speak at the State Capitol in Oklahoma City. A mythical, ape-like creature that has captured the imagination of adventurers for decades has now become the target of Rep. Justin Humphrey. Humphrey, a Republican House member has introduced a bill that would create a Bigfoot hunting season, He says issuing a state hunting license and tag could help boost tourism. (Steve Gooch/The Oklahoman via AP, File)
Oklahoma lawmaker proposes ‘Bigfoot’ hunting season

A Republican House member has introduced a bill that would create a Bigfoot hunting season

Economic Development and Official Languages Minister Melanie Joly responds to a question in the House of Commons Monday November 23, 2020 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
Federal minister touts need for new B.C. economic development agency

Last December’s federal economic update promised a stimulus package of about $100 billion this year

Most Read