AHA seeks partners to build nearly 900 new rental homes throughout Vancouver

  • Page Views 2405
  • Units will provide much needed housing for singles, seniors and families on low to moderate incomes

    The Vancouver Affordable Housing Agency (VAHA) has released a Request for Proposal (RFP) to develop nearly 900 units of new affordable rental housing on seven City-owned sites, worth approximately $79 million. VAHA will lease the land to partners to build, fund and operate these new rental developments.

    With rental vacancy rates at 0.8 per cent, one of the lowest in Canada, the City is facing a housing crisis. These sites were allocated to VAHA by Vancouver City Council to enable the development of new affordable rental housing, part of the City’s strategy on addressing the housing crisis.

    These new developments will offer a mix of housing to meet the needs of singles, families and seniors earning low to moderate incomes. Rental rates for all units will target below market rates. Deeper affordability could be achieved through strategic partnerships with senior levels of government, and non-profit organizations and foundations.

    “Finding secure, affordable rental housing in Vancouver is a big challenge, particularly for people with low to middle incomes,” says Mayor Gregor Robertson. “City Hall continues to explore every opportunity to build new affordable housing, and developing 900 new homes on city land for renter households earning under $80,000 is another step we’re taking to deliver housing for people who live and work in Vancouver. Offering city land for development keeps housing costs down for renters, and with investments from the BC and federal governments, we can make these 900 new homes even more affordable.”

    “We’ve heard that residents want bold action on addressing the housing crisis, and this RFP puts us on the path to do just that,” says Luke Harrison, CEO, VAHA. “The door is open to any and all qualifying organizations and big ideas on how to develop these seven City-owned sites to create the most affordable rental units. We look forward to hearing from the industry and working together to reach our goals.”

    To view the RFP in its entirety, check<http://bids.vancouver.ca/bidopp/openbid.htm>. For more information on the Vancouver Affordable Housing Agency, visit: vaha<http://vancouver.ca/your-government/vancouver-affordable-housing-agency.aspx>.ca

    Share

    New Posts Recently publish post More

    • 24 September 2023
      6 days ago No comment

      Kumukuti-kutitap: Paskong Pinoy Shines in New Westminster

      Vancouver, BC – September 16, 2023 – Christmas comes early in Metro Vancouver as the Filipino- Canadian community will be in for a treat to the first Kumukuti-kutitap: Paskong Pinoy 2023. The main event will highlight the Parol-Making Workshop to be hosted by the New Westminster Philippine Festival Society. ...

    • 24 September 2023
      6 days ago No comment

      2 Filipino films playing at VIFF

      This year, 2 films telling stories of Filipino characters are playing at the upcoming Vancouver International Film Festival. Paris Zarcilla’s Raging Grace and Seán Devlin’s Asog will be shown during the 42nd edition of VIFF! The Vancouver International Film Festival is one of the 5 largest film festivals in ...

    • 24 September 2023
      6 days ago No comment

      B.C. moves to increase housing supply, deliver more homes faster

      New measures are coming to B.C. that will help create more housing as the Province speeds up permitting and helps build more secondary suites for rent. “People in our province deserve a decent place to live they can actually afford to rent or buy, but a chronic housing shortage ...

    • 24 September 2023
      6 days ago No comment

      Netflix Philippines drops first-ever Station ID

      Netflix Philippines drops first-ever Station ID featuring Donny Pangilinan, Belle Mariano, other stars Netflix Philippines is celebrating Christmas early this year as the streaming service released its Christmas-themed Station ID via its social media channels on Monday, September 18. The video—titled “Kumukutikutitap ang Mga Bituin sa Brgy. Netflix!“— features ...

    • 24 September 2023
      6 days ago No comment

      “Senior High” now available for free and on-demand in US, Canada, Europe, Middle East, and Australia

      Available only on ABS-CBN Entertainment’s YouTube channel Mondays will always be on a high as viewers worldwide can now enjoy binge-watching ABS-CBN’s trending mystery-thriller series, “Senior High” starring Andrea Brillantes, which is now available for free and on-demand only on ABS-CBN Entertainment’s YouTube channel. Kapamilyas in the US, Canada, ...

    %d bloggers like this: