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  • Metro Vancouver mayors ask province for more funding for affordable housing
Written by Minnie V. MuirApril 7, 2022

Metro Vancouver mayors ask province for more funding for affordable housing

Downtown Housing Article

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VANCOUVER — Metro Vancouver mayors are inquiring the provincial govt for more assistance to deliver cost-effective housing in the area.

VANCOUVER — Metro Vancouver mayors are inquiring the provincial governing administration for additional aid to present affordable housing in the region.

Housing Minister David Eby acknowledged when he spoke to the mayors committee conference Wednesday that there is an “countless hunger” for the provincial and federal governments to give additional support for reasonably priced housing. 

Burnaby Mayor Mike Hurley explained to Eby the Metro Vancouver 10-calendar year housing strategy will present a “meaningful contribution” to addressing the housing disaster by including 2,000 new or redeveloped models, but states they can not do it alone.

He claims they want $190 million in grant funding and further bank loan funding from the provincial government, and the similar amount of money from the federal government to satisfy their targets.

Eby, who’s also the legal professional common, claims there is certainly a have to have for metropolitan areas and municipalities to operate with the provincial and federal governments to reach the housing ambitions.

The minister says 1 of his key considerations is having speedier approval from community governments to make to meet the requirements of the “inhabitants explosion” in B.C. 

Stats launched Wednesday by the Work opportunities Ministry present additional than 100,000 individuals moved to B.C. in 2021,the optimum annual complete given that 1961, which Eby states is exacerbating the now difficult housing disaster.

“These quantities are not likely to go down. We anticipate they are likely to remain at that stage or even improve, especially with the probability of people signing up for us from Ukraine, so that is the urgency that I come to feel all over housing supply and the obstacle that faces us in conditions of the availability of rental housing as very well as housing stock usually.”

He claims he designs to tackle the challenge collaboratively with Nathan Cullen, the freshly appointed municipal affairs minister, and municipal leaders. 

“Metro Vancouver’s a fantastic location to have this discussion mainly because this is a regional challenge,” Eby claims. “This is not a bunch of modest municipalities (earning) their possess conclusions about regardless of whether or not to make it possible for housing. This is a regional challenge. Regional growth is exploding and … we want to answer at a regional amount.”

This report by The Canadian Press was to start with posted April 6, 2022.

———

This tale was produced with the monetary assistance of the Meta and Canadian Press News Fellowship.

Brieanna Charlebois, The Canadian Push



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Rise of the Micro-Lofts: How Downtown Housing is Shrinking (and Why That’s a Good Thing)

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