On February 2, 2016 the news released that Vancouver Mayor, Gregor Robertson, is asking the federal government for half a billion dollars to build social housing on $250-million worth of city-owned land.
In addition to the B.C. government committing cash to the projects, Robertson is working toward having the Trudeau government commit $500 million over five years to build social housing on 20 city properties. The plan is to create up to 3,500 affordable housing units.
To read BCNPHA’s summary on this new announcement and both the positive and challenging aspects facing the affordable housing sector click the link here: BCNPHA StatementShare: