View Single Post
  #213  
Old Posted Sep 12, 2018, 8:45 PM
GenWhy? GenWhy? is offline
Registered User
 
Join Date: Jun 2017
Posts: 4,736
Quote:
Originally Posted by misher View Post
Yeah when I first saw what the city considers as low-income rental, social housing, and below market rental I had to look twice. Anything over $1000 a month is not low income. Honestly feels like the city gave that title to rentals so they can brag that they created them but in reality no one in social/low income situations could afford them.

Hell they talk about affordable housing being those for households making incomes under $100,000 a year. Maybe government workers are making too much so that under 6 figures seems poor to them.
The DCL Waiver rental rates are not for low income, social housing, or below market rental. The City has policy that helps direct and implement developers to build "moderate income households" ($40-80k) - so combined incomes - rental units, which is about $900-1000 for a studio, 1-Bedroom for $1,200, 2-Bedroom for $1,600, and a 3-Bedroom for $2,000. This is a new pilot called the Moderate Income Rental Housing Pilot Program.

Social housing rates are determined by BC Housing and the DTES which we have projects in calls for 1/3 of each of the BC Housing rates (Welfare, HILs, and Affordable). "Low income" are usually tied in with social housing, due to the variety of rates social housing can provide and the structure they can follow with different models and clientele (micro-suites, or family units? etc.).

If you're referring to the Rental 100 program or the Affordable Housing Choices Interim Rezoning Policy... then these are perhaps, yes poorly worded, but they were never intended for a single individual earning less than $50k... household incomes is another discussion. The two programs I mentioned above were to build new rental housing as there was little to no support from the Feds or Province and they were intended to boost new rental stock for those that could not afford to buy a home (the more affordable than a big mortgage, program).

Low income housing programs are in effect and separate from I think the programs you are mentioning. Many condo developments offer social housing, for instance. The DTES Plan mandates new condo projects have 20% of square footage be dedicated to social housing within the project. Which is very do-able, and we have 2 such projects under way.
Reply With Quote