The City did not provide detailed guidance to applicants to ensure that project cost estimates submitted in building permit applications were complete, reasonable, and supportable.

Source: https://voiceonline.com/vancouver-auditor-generals-performance-audit-report-on-building-permit-fees-notes-shortcomings/

The positive impact from the modestly improved economic outlook was largely offset by the impact of replacing the lost content of the third quarter of 2023 with a 12-month reasonable and supportable period that now includes the third quarter of 2024.

Source: https://seekingalpha.com/article/4644234-capital-one-financial-corporation-cof-q3-2023-earnings-call-transcript?source=feed_all_articles

Zonia went on to discuss the feasibility gap, which is the gap between having a profitable development and the maximum supportable rent based on the average mean income in an area.

Source: https://defuniakherald.com/news/affordable-housing-advisory-committee-discusses-incentives-for-affordable-housing/?utm_source=rss&utm_medium=rss&utm_campaign=affordable-housing-advisory-committee-discusses-incentives-for-affordable-housing