AHA seeks partners to build nearly 900 new rental homes throughout Vancouver

  • Page Views 937
  • Units will provide much needed housing for singles, seniors and families on low to moderate incomes

    The Vancouver Affordable Housing Agency (VAHA) has released a Request for Proposal (RFP) to develop nearly 900 units of new affordable rental housing on seven City-owned sites, worth approximately $79 million. VAHA will lease the land to partners to build, fund and operate these new rental developments.

    With rental vacancy rates at 0.8 per cent, one of the lowest in Canada, the City is facing a housing crisis. These sites were allocated to VAHA by Vancouver City Council to enable the development of new affordable rental housing, part of the City’s strategy on addressing the housing crisis.

    These new developments will offer a mix of housing to meet the needs of singles, families and seniors earning low to moderate incomes. Rental rates for all units will target below market rates. Deeper affordability could be achieved through strategic partnerships with senior levels of government, and non-profit organizations and foundations.

    “Finding secure, affordable rental housing in Vancouver is a big challenge, particularly for people with low to middle incomes,” says Mayor Gregor Robertson. “City Hall continues to explore every opportunity to build new affordable housing, and developing 900 new homes on city land for renter households earning under $80,000 is another step we’re taking to deliver housing for people who live and work in Vancouver. Offering city land for development keeps housing costs down for renters, and with investments from the BC and federal governments, we can make these 900 new homes even more affordable.”

    “We’ve heard that residents want bold action on addressing the housing crisis, and this RFP puts us on the path to do just that,” says Luke Harrison, CEO, VAHA. “The door is open to any and all qualifying organizations and big ideas on how to develop these seven City-owned sites to create the most affordable rental units. We look forward to hearing from the industry and working together to reach our goals.”

    To view the RFP in its entirety, check<http://bids.vancouver.ca/bidopp/openbid.htm>. For more information on the Vancouver Affordable Housing Agency, visit: vaha<http://vancouver.ca/your-government/vancouver-affordable-housing-agency.aspx>.ca

    Share

    New Posts Recently publish post More

    • 25 February 2018
      3 hours ago No comment

      Paolo Ballesteros not ready for his book

      Asked if he plans to come up with a “tell-all” book in the future, Paolo Ballesteros says: “Nope! I don’t intend to write my autobiography. I believe there’s nothing to reveal anymore. Millions of viewers get to see me in Eat Bulaga on a daily basis. Whatever you see on TV, that’s it. ...

    • 25 February 2018
      7 hours ago No comment

      Tension high between Philippines and Kuwait over abuses against Filipino workers

      Officials of the Philippine government are headed to Kuwait on February 22, to seek greater protection for migrant Filipino workers. The trip follows a diplomatic row between the two countries over the alleged mistreatment of Filipinos in the Gulf state. President Rodrigo Duterte earlier announced a departure ban for Filipinos planning ...

    • 22 February 2018
      3 days ago No comment

      Erich Gonzales, one of ABS-CBN’s most exciting actresses, topbills “The Blood Sisters”

      QUEZON CITY, PHILIPPINES — A bolder and sexier Erich Gonzales is set to portray three women whose lives are fused by love but destroyed by fate in ABS-CBN’s newest series “The Blood Sisters,” which can be seen in the Philippines via ABS-CBN channel 2, and outside the country via ...

    • 22 February 2018
      3 days ago No comment

      PAL and Cebu Pacific agree to fly back Kuwait OFWs

      Cebu Pacific and PAL have heeded President Rodrigo Duterte’s call to ferry (Overseas Filipino Workers), Kuwait OFWs who wish to be repatriated, following the recent death of an OFW whose body was found inside a freezer. The President made the request on Friday at a press conference in Davao, where he ...

    • 20 February 2018
      5 days ago No comment

      GMA Pinoy TV partners with Philippine Nurses Association of America’s Events

      GMA Network’s flagship international channel GMA Pinoy TV provided full support to the recent back-to-back events organized by the Philippine Nurses Association of America, Inc. (PNAA) for local and international nursing delegates. The events held in Manila last January 25 and 26 dubbed, “Filipino Nurses Global Summit II” and ...

    %d bloggers like this: