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Tag-Archive for ◊ rental housing ◊

Mayor Gregor Robertson and City Council voted today to approve a balanced and community-driven plan for Vancouver’s Downtown Eastside (DTES) that will build significant new affordable housing and revitalize the neighbourhood’s heritage character.

The plan’s approval follows three years of development by a resident-led committee, and the hosting of over 300 meetings and consultation events.

“The Downtown Eastside Local Area Plan represents a thoughtful, balanced, and resident-driven vision for Vancouver’s oldest and most diverse neighbourhood,” said Mayor Gregor Robertson. “This plan reflects residents’ aspirations for a community with safer and more stable housing, protections for low-income residents, stronger support for mental health and addictions, and a more vibrant local economy.

“This plan will create a healthier, more inclusive neighbourhood – but not at the expense of low-income residents.”

Strong new measures are incorporated to protect and improve existing low-income housing while adding new affordable options both in and outside of the neighbourhood, including 3,350 social housing units outside the DTES over the next 30 years.

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Two projects approved by Mayor and Council in recent weeks will deliver 86 new units of affordable new rental housing in East Vancouver, building on two consecutive record years for new rental housing and the City’s consistent work to support Vancouver renters.

A six-storey project at Kingsway and East 19th Avenue approved by Council this morning will deliver 44 units of new affordable rental housing, building on 42 units of new affordable rental housing in a four-storey project at 1412 East 41st Avenue that was approved on February 18. The projects were the final two proposals considered as part of the City of Vancouver’s Short Term Incentives for Rental (STIR) Program, which has recently transitioned into the new Rental 100 initiative.

“Our city has a pressing need for more affordable rental housing, especially for students, seniors, and young families,” said Mayor Gregor Robertson. “Over half of all Vancouver residents rent their homes and our economy depends on being able to attract leading talent from around the world, yet vacancy rates remain near all-time lows. These new projects build on the City’s two record years of new rental housing and will help make Vancouver more affordable for residents of all backgrounds.”

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New year-end statistics show that 2013 set a record for new Vancouver rental housing for the second consecutive year, after a decade of limited rental construction and with rental vacancy rates among the lowest in Canada.

“Another record year for new rental housing shows that Vancouver is on the right track in our support for renters, and that our rental incentive programs are delivering results,” said Mayor Gregor Robertson. “City Hall remains focused on enabling new rental housing to help people who can’t afford to buy in Vancouver, particularly seniors, students, and young families.”

Year-end statistics for 2013 show that 1,097 units of new rental housing were approved this year, after a previous record high of 1,021 units approved in 2012. Zero units were approved in 2008 and 2009, and an average of 328 in 2010 and 2011.

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Last night the Mayor and City Council approved a major new development between Burrard and Hornby at Drake in Vancouver’s growing Downtown South neighbourhood, with one building for office and business space and two new residential buildings featuring housing for families and renters. The project generates unique and significant benefits for the community, with $7 million for a new LGBTTQ Community Centre run by Qmunity and $2 million for cultural facilities.

“This is an exciting project that will create jobs in Vancouver’s growing economy with substantial new downtown office and business space, and also delivers urgently-needed new rental housing, family housing and a long-awaited new neighbourhood centre for the LGBTTQ community,” said Mayor Gregor Robertson. “Downtown South is emerging as an important hub for jobs and investment in our city, and this is a balanced and community-oriented project that will boost the vibrant character of our downtown core.”

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A project approved by the Mayor and City Council at last night’s Public Hearing will deliver substantial new social and rental housing in Vancouver’s Downtown Eastside, with a special focus on housing for low-income women.

The fourteen-storey mixed-use building at 33-49 West Hastings will provide 102 new units of social/supportive housing and 67 units of new affordable rental housing, ensuring a diverse, balanced mix of housing opportunities. 11,074 sq. ft. of commercial space in the project’s first two floors is also currently planned for use as a low-cost food and grocery store, primarily aimed at serving low-income residents in the neighbourhood.

52 of the supportive housing units will rent at the shelter component of income assistance (currently $375 per month for a single individual and $525 per month for a couple). This Atira project would prioritize housing for women and residents needing support with ongoing mental health challenges, in partnership with a variety of community-based mental health support organizations.

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Two projects approved by Mayor and Council at last night’s Public Hearing will deliver 60 new units of affordable rental housing in Southeast Vancouver, building on the City’s consistent work to support Vancouver renters.

A six-storey mixed-use building at 3068 Kingsway and another at 5650 Victoria Drive will each deliver 30 units of new affordable rental housing as part of the City of Vancouver’s Short Term Incentives for Rental (STIR) Program, which has recently transitioned into the new Rental 100 initiative. In addition, the Community Amenity Contributions from a third Council-approved project at 755-795 West 41st Avenue will invest $2.04 million in the Affordable Housing Fund and direct $1.79 million in new funding to child care spaces in the Cambie corridor.

“With over half of all Vancouver residents renting their homes and vacancy rates remaining near all-time lows, our city has a pressing need for more affordable rental housing – especially for seniors, students, and young families,” said Mayor Gregor Robertson. “These new projects build on the City’s strong support for renters and help make Vancouver more affordable and livable for residents of all backgrounds.”

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