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Old Posted Jun 27, 2022, 8:04 PM
Byron Byron is offline
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Join Date: Feb 2008
Posts: 64
508 Drake / 1317 Richards | 125m | 39fl | U/C

39-storey tower with 100% social housing approved for downtown Vancouver.

The unit mix is 89 studios, 84 one-bedroom units, 10 two-bedroom units, and 10 three-bedroom units.

At least 30% of the units will be offered at rent-geared-to-income rates for households with incomes below BC Housing’s income limits, and at least 70% of the units will be rented to seniors — defined as having at least one member of the household who is aged 55 or older.

MCYH Multigenerational Housing Society is pursuing potential funding from senior governments to further improve the affordability of the units.

https://dailyhive.com/vancouver/508-...social-housing

















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