Mayor Gregor Robertson and Council have approved a new social housing project in Oakridge that will bring 46 new affordable rental homes targeted toward seniors to the neighbourhood. The social housing, approved at public hearing last night, will be owned by the Oakridge Lutheran Church and Catalyst Community Development Society. The building replaces the existing one-storey church and delivers 15 studio, 15 one-bedroom and 16 two-bedroom homes.
Mayor Robertson and Council made progress in adding more supply to the City’s rental market at last night’s public hearing, approving two new projects under the City’s Rental 100 policy that will add 200 new homes in East Vancouver. Combined, the new projects will provide 29 studios, 105 one-bedroom, and 66 new family homes.
This morning, the City of Vancouver released the fifth Greenest City Action Plan Implementation Update, highlighting significant accomplishments made in the 2015/2016 year, such as further increases in trips made by walking and biking, and decreases in community and building greenhouse gases.
“The BC government convening the legislature this summer to make the legislative change that will enable the City of Vancouver to move forward on taxing empty homes is a good step. Taxing homes empty for 12 months or more will encourage the best use of all our housing, and help boost our rental supply at a time when there’s almost no vacancy and a real crunch on affordability.