Vancouver unveils plans for 1,000 new units of affordable housing aimed at residents earning less than $80,000 a year

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      This morning (May 4) Mayor Gregor Robertson announced what officials are calling the “biggest one-time investment by the city into non-market housing in Vancouver's history”.

      “We are awarding a contract for seven pieces of land that will house over 2,000 residents here in the city on low to middle incomes,” Robertson said at a press conference in the West End.

      A city media release lists seven locations for the new housing projects.

      • 1190 Burrard Street and 937 Davie Street
      • 1210 Seymour Street and 560 Davie Street
      • 177 West Pender Street
      • 3279-3297 Vanness Avenue
      • 1001 Kingsway
      • 3183 and 3245 Pierview Crescent
      • 3310 Marine Way

      “It is anticipated the first building will break ground y the end of 2018 and be completed within two years,” the release continues. “All 1,000 new units are expected to be built and ready for occupancy by 2021.”

      A separate media release issued by the city’s partner on this interment, Community Land Trust (CLT), describes the buildings as a “mix of two and three-bedroom townhomes, apartments and supportive housing options targeted to singles and families earning between $30,000 and $80,000 annually”.

      Robertson is quoted there emphasizing that focus on lower and middle-income earners.

      “Today is a big day for over 2,000 Vancouver residents who want to put down roots in our city but are struggling to find long-term affordable housing,” he said. “With today’s announcement, Vancouver has made the single largest investment into non-market housing of any city in Canada.

      “This is the latest step we have taken to make sure that people with low to middle incomes can find a home and build a future in our city. Congratulations to Community Land Trust— we are happy to have you on board as partners in providing these new homes for people who live and work in Vancouver.”