In 2017, Metro Vancouver, alongside strategic partners BC Non-Profit Housing Association, BC Housing, TransLink, and Vancity Credit Union, completed a five-part study to expand the region’s understanding of the constraints and opportunities related to building new rental housing in transit-oriented locations, particularly for households earning less than $50,000 annually.
BC Non-Profit Housing Association, with funding from Metro Vancouver and the Real Estate Foundation of BC, prepared Activity 1 of the report, which provides an understanding of the supply and demand shortfall in the region over the next 10 years, as well as an environmental scan and literature review of current and innovative practices that have been used to promote affordable rental housing in transit-oriented locations in regions across North America. The study helps to broaden the understanding of what tools and approaches may be worth exploring to address the current and projected affordable rental housing supply gap. Download the condensed fact sheets on tools available to local and senior levels of government by clicking on download icon to the right.
A link to the full Metro Vancouver study can be found here.