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Archive for ◊ Affordable Housing ◊

Year-end figures show that Vancouver set a record for new laneway housing, with 357 permits issued in 2014. This follows 345 and 350 permits issued in 2013 and 2012. Vancouver also saw a strong surge of new rental housing, with 953 new units approved, following 1,104 in 2013. In 2008, there were zero units approved.

“With more than half our city renting and some of the lowest vacancy rates in Canada, new rental housing is meeting a crucial need for Vancouver residents,” said Mayor Gregor Robertson. “The success of our laneway housing program is delivering modest-income rental housing for seniors and young families, and new rental apartments are springing up along transit routes, providing a more affordable option than condos.

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Mayor Gregor Robertson was sworn in to serve a third term in office today, and outlined an ambitious vision for new heights of Vancouver leadership in the four years ahead in his third inaugural address as Mayor.

“This is a city confident in its mantle of leadership, a mantle that is global in scope and reach – not just confident, but hungry for us to do more, and to do better,” said Mayor Gregor Robertson. “I am grateful for that vote of confidence. And I intend to work my hardest over the next four years to demonstrate that we’ve heard that call.”

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Mayor Gregor Robertson
Inauguration Address
December 8, 2014

Check against delivery

 

Thank you all for joining us today.

We are grateful to be gathered on Musqueam, Squamish and Tsleil Waututh territory, and we offer our thanks to the Coast Salish people.

I want to offer my thanks to the outgoing Council, School Board and Parks Board.

And to those who are returning, or joining us for the first time, congratulations. You face very big challenges, but you’re taking on one of the most important jobs public life has to offer. And I’m looking forward to working with you all.

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More than 50% of new rental and social housing approved in the past decade was done in the last two years alone, according to City of Vancouver data that demonstrates an affordable housing surge in Vancouver.

According to year-to-date data through July 2014, 67% of all rental housing approved since 2003, and 55% of all social housing approved since 2003, has taken place since 2012.

“We’re seeing record levels of new rental and social housing being built in Vancouver, which is crucial for building a future where our city is more inclusive and prosperous,” said Mayor Gregor Robertson. “We’re seeing new housing built that meets the needs of people who live and work in our city. Our housing plan and programs are working and the shovels in the ground prove it.”

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The City approved the creation of a new Affordable Housing Agency last night, an arms-length organization based on best practices in other cities to enable the creation of new low and modest income housing in Vancouver.

The Vancouver Affordable Housing Agency (VAHA) will also collect available data on issues such as vacant homes, and provide information on ways to limit investor speculation and unnecessary vacancies in Vancouver’s housing market.

“The Vancouver Affordable Housing Agency will be a key tool in the City’s efforts to create new affordable housing that meets the needs of local residents,” said Mayor Gregor Robertson. “As well, by designating it as a research hub to monitor issues such as vacant homes and excessive investor speculation, the VAHA will contribute to an informed, fact-based discussion of Vancouver’s housing market.”

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The City is set to launch the new Vancouver Affordable Housing Agency this week, with a report coming to City Council to establish a new agency that will deliver 2,500 new units of affordable housing over six years. It is based on a recommendation from Mayor Robertson’s Affordable Housing Task Force.

“The Vancouver Affordable Housing Agency is our next step in creating new affordable homes for local residents in Vancouver,” said Mayor Gregor Robertson. “We need to be providing a range of housing for different incomes – not just welfare rates, but low and middle-incomes as well.

“We can’t just let the market decide. The City needs to be a leader in creating the affordable housing our residents deserve, especially when there is such a shortage of affordable homes in Vancouver. The VAHA will help make that happen, and I urge all of City Council to support it this Tuesday.”

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