Province increases grant threshold to $1.6 million
Quoted from the article (online here):
Delta homeowners who saw their assessments shoot over the threshold for the provincial homeowner grant got some good news this week.
The province announced it's increasing the threshold from $1.2 million to $1.6 million. That means most Delta homeowners who saw dramatic increases in assessed values won't be missing out on the $570 grant. ...
Metro Vancouver, Delta Mayor Lois Jackson and Delta South MLA Vicki Huntington all called on Victoria to take action.
Huntington told the Optimist this week she expected the province to increase that threshold, especially with this being an election year.
"People, especially seniors, are caught in their homes and through no fault of their own their assessments climbed rapidly like that. It should help a lot of them," she said.