Mayor Gregor Robertson and City Council approved a new rental housing development at Heather Place today that will feature 230 units of new affordable rental housing in Vancouver’s Fairview neighbourhood – over half of which are geared towards families. 52 units will have subsidized rents to enhance affordability.
The two-building project on W 13th Avenue and W 14th Avenue at Willow Street will replace 86 units of Metro Vancouver housing in aging existing buildings. A tenant relocation agreement will also offer current tenants the opportunity to relocate into the new development and remain in their homes as the new construction proceeds in phases. Those who currently have subsidized rents will pay the same amount in the new units.
“Over half of all Vancouver residents rent their homes, and this project will provide urgently-needed new affordable rental housing in a way that supports families, fits with the neighbourhood, and protects current renters on site,” said Mayor Gregor Robertson. “This project builds on two consecutive record years for new rental housing in Vancouver, and reflects City Hall’s commitment to making our city more affordable for residents of all backgrounds – especially seniors, students, and young families.”