Vancouver program seeks to boost supply of affordable rental housing

The City of Vancouver has unveiled a pilot project to boost the supply of affordable rental housing in the Cambie corridor.
On Sunday, Mayor Gregor Robertson said the city hopes to use an inclusionary zoning proposal to provide 1,000 affordable rental homes in the Oakridge Municipal Town Centre.
The homes would be reserved for renters with household incomes of $30,000 to $80,000 and designated as “long-term affordable.” To meet that benchmark, rents would be no more than 30 per cent