Rent Geared to Income: 48
This housing project provides 48 units for people with low and moderate incomes including 24 units that are part of an outreach partnership with Kettle Society which offers Supported Independent Living units for individuals living with mental health issues. This housing development is part of a portfolio of properties developed by the Vancouver Community Land Trust Foundation that emerged from a Mayor’s Task Force in 2012, which recommended that the city lease land at a nominal rate to create new affordable rental housing. A new land trust was developed and took on a portfolio of four housing projects on city land in 2015. The land trust has entered into operating agreements with non-profit providers.
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’.