Premier David Eby Unveils $120 Million Mass-Timber Housing Acceleration for Transit Stations

VICTORIA, BC — Premier David Eby and the Ministry of Housing announced a $120 million investment under the BC Mass Timber Action Plan, partnering with local non-profit developers and BC Transit to build 1,800 prefabricated mass-timber homes adjacent to rapid transit hubs across Metro Vancouver, Victoria, and Kelowna.

Accelerating Sustainable Infill Density Near Transit

The initiative provides low-interest construction financing and standardizes pre-approved mass-timber structural designs for 12-to-18-story residential towers, cutting construction build times by 4 months while utilizing locally harvested B.C. wood products. Premier Eby noted that transit-oriented mass-timber housing reduces transportation emissions while supporting forestry manufacturing in the B.C. interior.

Premier Eby stated that British Columbia must build middle-class homes faster, combining provincial transit land with world-leading mass-timber engineering.

Forestry Sector and Municipal Endorsements

The BC Council of Forest Industries (COFI) praised the initiative for creating regional manufacturing demand for cross-laminated timber (CLT) mills in Prince George and the Kootenays.

Municipal leaders welcomed the pre-approved designs for reducing municipal engineering review backlogs.

Groundbreaking Milestones

Construction on the first 350-unit transit mass-timber tower at Moody Centre SkyTrain station will commence in November 2026.