Global housing experts are in Vancouver this week for the City’s “Housing Affordability” summit.
As well, the City of Vancouver is re-setting its 10-year housing and homelessness strategy only half-way through the plan.
Community Services General Manager Kathleen Llewellyn-Thomas says circumstances have changed.
“We were definitely ahead at the time, dealing with the major issue facing the city, which was affordability for the lower income bracket, but what’s changed since then is the rate at which all people in the housing spectrum are affected.”
One thing Urban Development Institute President and CEO Anne McMullin wants to see addressed by the city is zoning.
“You know 85 per-cent of the City of Vancouver is zoned single family, so you can pour tens of millions of dollars into subsidies or get the Federal government to put all this money into rentals, but it has to be built somewhere, it’s really irrelevant how much money the federal or provincial governments pour into it or even what the incentives are.”
The “re:address Global Discussions on Housing Affordability” summit this week will explore what has worked New York, Sydney, Toronto and London.