As transit expands, Metro Vancouver struggles to keep homes affordable - News Summed Up

As transit expands, Metro Vancouver struggles to keep homes affordable


Metro Vancouver is making big investments in major transit projects, but a recent study shows the region is struggling to keep housing affordable for low-income families near SkyTrain lines. The first phase of the Transit-Oriented Affordable Housing Study concluded in 2017. "It really needs to be happening now that the city thinks about how to protect that land for affordable rental housing." (Chad Pawson/CBC)Boyle says the city has already implemented one of the solutions the Metro Vancouver study will examine — rental only zoning, which the province approved last spring. Phase 2 of the Transit-Oriented Affordable Housing Study's findings is scheduled to be released in April 2019.


Source: CBC News February 04, 2019 14:48 UTC



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