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BC real estate: Feds give Burnaby $43M to fast-track housing

The City of Burnaby is set to receive $43.4 million from the federal Housing Accelerator Fund to expedite the construction of 1,290 housing units over three years and over 11,340 homes in the next decade. The funds will be used for zoning reforms, improving the development approvals process, and implementing digital technologies. The announcement follows a dispute over developer charges.

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