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Housing Affordability 

 Regional Affordable Housing Strategy

On November 30th, 2007 the Metro Vancouver Board adopted the Regional Affordable Housing Strategy. For an estimated one-third of the region’s households, finding housing to rent or own that is affordable is a problem. These are households with low to moderate income; at or below 50% of the median income (low income), or between 50%-80% of median income (moderate income). This Strategy recognizes that there are a range of needs along the housing continuum, and that meeting these various needs requires different actions and strategies. It also recognizes that regional and municipal governments are limited in the actions that they can take, and a successful response to the housing needs across Metro Vancouver requires action by all levels of government.

Goals of the Regional Affordable Housing Strategy:
     Goal 1: Increase the supply and diversity of modest cost housing
     Goal 2: Eliminate homelessness across the region
     Goal 3: Meet the needs of low income renters

The Strategy sets out specific actions for all levels of government to address the housing needs in the region as well as performance measures to assess the effectiveness of these actions. Metro Vancouver periodically assesses progress on plan implementation and the effectiveness of the plan in achieving its goals. A progress report was completed after the first year, and Metro Vancouver is currently evaluating the past three years of implementation, and expects to update the Strategy. Metro Vancouver is currently evaluating progress to date and expects to update the Affordable Housing Strategy in 2012.

 Regional Affordable Housing Strategy
 2009 Progress Report
 Summary of Municipal Strategies and Actions to Address Housing Affordability
 Municipal measures for housing affordability and diversity in Metro Vancouver
The Housing Continuum
The housing continuum includes the range of shelter options from temporary shelters and transitional housing, social (government subsidized) housing, rental housing suitable for modest incomes (low-end of market), market rental housing to ownership housing.
Housing Continuum Graph

Making Housing More Affordable:
Waiver of Regional Development Cost Charges:
Metro Vancouver is committed to help increase the supply of affordable housing in the region. One of the actions set out in the Regional Affordable Housing Strategy was for Metro Vancouver to waive regional development cost charges for affordable housing. In April 2010, the GVS&DD Board adopted a new Greater Vancouver Sewerage and Drainage District Development Cost Charge Bylaw No. 254, 2010, which includes provisions to waive regional development cost charges (DCCs) for a number of different types of affordable housing.

Below are a copy of the by-law, information on the conditions under which a regional DCC waiver can be granted and the process for waiving DCCs. Note that rent levels and household incomes are based on the most recent available apartment rental and household income data from Canada Mortgage & Housing Corporation and Statistics Canada; affordability levels should reflect the latest available data as updated from time to time.

Greater Vancouver Sewerage and Drainage District Development Cost Charge Bylaw No. 254, 2010
Development Cost Charge Map
Regional Development Cost Charge Waiver to Support Affordable Housing Development Q&A
Q&A Attachment 1 Affordable Rents and Household Incomes
Q&A Attachment 2 Application Form

More information about regional Development Cost Charges can be found at:
 Development Cost Charges web page

 Rental Housing Supply Coalition

In response to concerns over the low level of rental housing construction in the region, Metro Vancouver has spearheaded a Rental Housing Supply Coalition of industry and non-profit housing providers to lobby the provincial and federal governments for tax changes and investment that will stimulate rental housing construction and make renewal and preservation a good investment. Metro Vancouver is working with the Coalition to build a national voice for rental housing that can advocate to the federal government.

The Coalition members are: BC Apartment Owners and Managers Association, BC Non-Profit Housing Association, Co-op Housing Federation of BC, Canadian Home Builders’ Association of BC, Greater Vancouver Home Builders’ Association, Greater Vancouver Regional District, Real Estate Board of Greater Vancouver, TRAC Tenant Resource & Advisory Centre, Urban Development Institute and VanCity Enterprises.

Over the past five years, purpose-built rental housing production has averaged less than 10% of the estimated demand (640 units out of 6,500 respectively). Purpose-built rental is an integral part of the rental supply, particularly for low and moderate income families. Rental housing demand is currently being met to some degree through condominium rentals, which are generally expensive and subject to “owner take-back,” and through secondary suites which are affordable, but limited in supply and are on the market at the homeowner’s discretion.

Much of the existing purpose built rental housing stock is 30 – 50 years old and in need of renovation and renewal to increase lifespan. This stock makes up a large portion of the existing affordable rental housing supply, but is gradually being torn down.

 Rental Housing Supply Coalition - Presentation to Board April 29, 2011

 Renters Speak up website

Affordable Housing and the Regional Growth Strategy:

The Regional Growth Strategy sets out housing demand estimates for the region by municipally, including demand estimates for affordable housing. Goal 4 of the Regional Growth Strategy specifically recognizes the importance of a diverse mix of housing types and tenures to respond to the full range of household incomes and needs across the region.

Municipalities are required to adopt Regional Context Statements which include policies or strategies that work toward meeting the estimated future housing demand. In addition, municipalities are encouraged to prepare and implement Housing Action Plans.

 Regional Growth Strategy
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