Ch’ich’iyuy is located in Vancouver’s Downtown Eastside and provides an innovative model for affordable home ownership. It also includes spaces for meetings, community gatherings, and retail. 56 rental studio apartments prioritize Elder Indigenous women at income assistance rates. The remaining units are apartments that offer affordable homeownership for people and families earning modest to middle incomes and use a leasehold homeownership model where the buyer will pre-pay for between 30% and 50% of the value of the unit and will rent the remaining portion of the unit from the society.
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’.