Deeply affordable: 59 ; Rent Geared to Income: 53
This project transforms the existing Shaldon Hotel into a new social housing building for Indigenous families with lower incomes and supportive studio units for adults receiving income assistance in Vancouver’s Downtown Eastside. The first three floors will house an Indigenous Healing Centre and a traditional longhouse space that will provide Indigenous and community care services, and space for gathering, recreation, and celebration.
Profile Maps Last Updated: July 2, 2024
Notes:
**Priority Population(s): These are described for projects that explicitly fill some or all units with people who are part of a specific demographic that faces unique needs related to housing insecurity.
**Green Building Standard: This is described for projects that are designed according to a green building certification such as LEED (Gold/Platinum), Built Green (Gold/Platinum), and Passive House.
**Affordability Definitions:
Deeply Affordable – A home that is affordable to people on a very limited income, such income assistance, disability assistance, and income support programs for seniors.
Rent Geared to Income – A home that is available to people with modest incomes. Rent is calculated to be affordable based on the tenant’s income.
Moderate Income – A home that is available for a monthly rent that is equal to the low-end of rents available in the private market. Also referred to as ‘Middle Income’ and ‘Affordable Market’.