Affordable Housing and Support for Renters
The City of Vancouver is encouraged that today’s federal budget makes significant commitments to short and long-term investments in housing, transit and social infrastructure, and Mayor Robertson and the City are reaffirming their commitment to work closely with both the provincial and federal governments to expedite projects that put this funding to use.
This morning marked the official ground-breaking for a new development with 135 units of affordable housing geared towards families, to be constructed on the 6.4 acre Southeast False Creek site being developed by Concert Properties.
Providing homes for families
Located at the northwest corner of Quebec Street and 1st Avenue, bounded by the False Creek seawall and Ontario Street, this 15 storey building will create affordable family housing, enabling families to live close to work, waterfront amenities, and transit.
This week, City Council approved the first social housing delivered through the new West End Community Plan. The 27 units of low-cost social housing, to be built at the corner of Davie St and Jervis St, will be the first new social housing built in the West End since 2004.
“The analysis on empty homes in Vancouver presented to Council today sheds some light on one of the many housing challenges we face in our city. Although the data shows that the percentage of empty homes has remained stagnant for well over a decade, it’s increased by 2,400 since 2002. It’s unacceptable that so many homes are left empty at a time so many of our residents are struggling to find appropriate housing. Housing needs to be first and foremost for people to live in, not to be treated as a commodity.