The annual Housing Report Card will be presented to Council on May 26, 2015. It outlines our progress to enable, create, and protect housing that meet the needs of people on different incomes.
“The City is making an aggressive push to get new rental housing built, and to do what we can to enable new family housing in Vancouver,” said Mayor Robertson.
"Affordable housing is a huge challenge in Vancouver, whether you’re a student trying to find a place to rent, a young family looking to buy a duplex, or a senior planning to downsize, but you want to stay in your neighbourhood.
City Hall is putting up record amounts of land for low-income housing, supporting non-profits, creating incentives for the private sector to build rental, and leveraging the philanthropic sector – all part of our strategy to get a diverse range of housing built in Vancouver. It’s the housing that we need if we want to make sure Vancouver is a city that everyone can make a home in.”
10,000 new units of housing for low and middle income households
The report shows that through our policies and partnerships we have leveraged more than 10,000 new units of housing geared to low and middle income households, ranging from new social and supportive housing, to new laneway, secondary suite, and market rental homes.
4,000 new units of market rental housing
The Housing Report Card shows that our programs to enable new rental housing have resulted in a significant shift in the type of housing being built. In 2009, only five per cent of new housing starts in Vancouver consisted of rental units; now nearly 20 per cent of housing starts are rental – helping to deliver almost 4,000 new units of market rental housing.
This rental housing is urgently needed, given that Vancouver’s vacancy rate is just 0.5 per cent.
80 per cent drop in the number of bylaw infractions for rental properties
The Housing Report Card includes an update on the Rental Standards Database, which helps renters make informed decisions and motivates landlords to keep their properties in good order.
The online database, now in its third year, tracks and posts publicly the bylaw infractions for all rental properties with more than five units. Since the creation of the database, building safety has improved significantly, with an 80 per cent drop in the number of bylaw infractions between 2012 and 2015.
Upcoming housing-related reports
Report outlining new measures to encourage family housing
On May 26, a report will go to Council outlining new measures to encourage family housing in new rental buildings. The report recommends further incentives to make it easier for the construction of three-bedroom units in new rental housing, which will encourage much-needed family housing and diversity of choice.
Currently, there are approximately 500 market rental three-bedroom units in all of Vancouver, which is less than one per cent of the Vancouver’s entire market rental housing stock.
A separate report on homelessness will be presented in June with key indicators and findings.