On July 30, 2020, Metro Vancouver, BC Housing and the BC Ministry of Municipal Affairs and Housing celebrated the completion of 67 new affordable housing units at a Metro Vancouver Housing site.
Heather Place in the City of Vancouver is undergoing a phased redevelopment and the first phase – Building A – is now complete. Located in the Fairview neighbourhood, the project includes homes ranging from studios to three-bedrooms and features several accessible units. It provides homes for a diverse mix of families, couples, singles and seniors and nearly half of the 67 new units have rents geared to tenants’ incomes, with the remainder offered at low-end-of-market rents. A second building, Building B, is planned for this site, and will allow Heather Place to include over 150 affordable rental homes.
“Our collaboration with BC Housing and the Province is a testament to what’s possible when governments and agencies work together,” said Sav Dhaliwal, Chair of the Metro Vancouver Board of Directors. “With the first phase of the Heather Place redevelopment project now complete, we will continue to implement the programs and projects that, with the right support, will help expand and diversify affordable housing throughout the region.”
The Metro Vancouver Housing 10-Year Plan anticipates investing over $190 million over the next decade to preserve and improve current sites and to build or redevelop 1,350 new units. Partnerships with other agencies and orders of government can leverage these investments and support the creation of even more affordable housing units.