These projects will create or preserve rental homes serving households earning 30% – 60% of the area median income
VANCOUVER – On Monday (May 12), members of the Vancouver City Council passed a resolution to award $11.15 million from its Affordable Housing Fund (AHF) to help create or preserve 330 affordable rental homes with a focus on seniors, people with disabilities and individuals exiting homelessness.
“This funding is an essential tool in our continuing effort to address the affordable housing crisis in our community,” said Mayor Anne McEnerny-Ogle. “The important projects supported by this investment will help ensure that our most vulnerable neighbors have access to safe, stable and affordable homes, fostering a more inclusive and resilient community.”
After review by the Housing Advisory Committee, five projects were recommended totaling $11.15 million in AHF awards:
- Community Roots Collaborative – C-Roots Mill Plain Tiny Homes: $1.05 million supporting 20 new units (permanent supportive housing for households exiting homelessness)
- Palindrome – Artifact at Vancouver Heights District (site C): $4.1 million to support 109 new units (new mixed-income development with units for people with disabilities)
- Mid-Columbia Manor – Smith Tower preservation: $2 million to support preservation of 170 existing units (rehabilitation of iconic senior apartment building to improve life/safety features)
- Vancouver Housing Authority – Vancouver Heights District site P (senior housing): $1 million forward commitment to support 51 new units (new senior housing with on-site services and community amenities)
- Vancouver Housing Authority – Vancouver Heights District site P (family housing): $3 million forward commitment to support 80 new units (new family housing with supportive services and outdoor space)
These projects will create or preserve rental homes serving households earning 30% – 60% of the area median income. They were prioritized by community need, project readiness and project feasibility.
The application process for the AHF remains open on a rolling basis, with quarterly review periods throughout the year.
Information provided by the city of Vancouver.
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