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

River’s incredible story came to an end when he was finally caught in a live trap on Dec. 13, 2020, after spending 16 days of surviving on his own in a North Thompson Valley wilderness area. (James Akey photo)
Bringing River home for Christmas

Lost dog saved from B.C. wilderness by a community that cared

Interior Health update. File photo.
86 new COVID-19 cases, two more deaths in Interior Health

The new deaths are from Heritage Square, a long-term care facility in Vernon

A woman wearing a protective face mask to curb the spread of COVID-19 walks past a mural in Victoria, B.C., on Monday, Dec. 7, 2020. THE CANADIAN PRESS/Marissa Tiel
115 new COVID-19 cases, no new deaths in Interior Health

There are now a total of 4,970 cases in the region

(Jill Hayward photo)
Barriere Elementary advises COVId-19 school exposure

On Wednesday, Jan. 13, Barriere Elementary School advised school families that a… Continue reading

Dr. Rhonda Nixon has been appointed new superintendent and CEO for the School District 73. (SD73 photo)
SD73 Board of Education announces new superintendent

A new superintendent and CEO has been hired for SD73. The Board… Continue reading

Keith the curious kitten is seen on Nov. 4, 2020 at the Chilliwack SPCA. Friday, Jan. 22, 2021 is Answer Your Cat’s Questions Day. (Jenna Hauck/ Chilliwack Progress file)
Unofficial holidays: Here’s what people are celebrating for the week of Jan. 17 to 23

Answer Your Cat’s Questions Day, Pie Day and International Sweatpants Day are all coming up this week

(Phil McLachlan - Capital News)
‘Targeted’ shooting in Coquitlam leaves woman in hospital

The woman suffered non-life threatening injuries in what police believe to be a targeted shooting Saturday morning

JaHyung Lee, “Canada’s oldest senior” at 110 years old, received his first dose of the COVID-19 vaccine on Thursday, Jan. 14, 2021. He lives at Amenida Seniors Community in Newton. (Submitted photo: Amenida Seniors Community)
A unique-looking deer has been visiting a Nanoose Bay property with its mother. (Frieda Van der Ree photo)
A deer with 3 ears? Unique animal routinely visits B.C. property

Experts say interesting look may be result of an injury rather than an odd birth defect

Standardized foundation skills assessment tests in B.C. schools will be going ahead later than usual, from Feb. 16 to March 12 for students in Grades 4 and 7. (Black Press Media file photo)
B.C. teachers say COVID-affected school year perfect time to end standardized tests

Foundational skills testing of Grade 4 and 7 students planned for February ad March

Sooke’s Jim Bottomley is among a handful of futurists based in Canada. “I want to help people understand the future of humanity.” (Aaron Guillen - Sooke News Mirror)
No crystal ball: B.C. man reveals how he makes his living predicting the future

63-year-old has worked analytical magic for politicians, car brands, and cosmetic companies

Terry David Mulligan. (Submitted photo)
Podcast: Interview with longtime actor/broadcaster and B.C. resident Terry David Mulligan

Podcast: Talk includes TDM’s RCMP career, radio, TV, wine, Janis Joplin and much more

Seasonal influenza vaccine is administered starting each fall in B.C. and around the world. (Langley Advance Times)
After 30,000 tests, influenza virtually nowhere to be found in B.C.

COVID-19 precautions have eliminated seasonal infection

Prime Minister Justin Trudeau listens to a question during a news conference outside Rideau cottage in Ottawa, Friday, January 8, 2021. THE CANADIAN PRESS/Adrian Wyld
Trudeau says Canada’s COVID vaccine plan on track despite Pfizer cutting back deliveries

Canadian officials say country will still likely receive four million doses by the end of March

Most Read