Vancouver plans to boost affordable housing

Proposals aimed at increasing affordability in the hot Vancouver housing market have been announced.

The City of Vancouver wants to boost social housing, family homes near schools, and increase density of family-orientated units.

The plan would involve re-zoning across the city with those neighbourhoods near family-focused facilities requiring an increase of single-family units in new developments; currently, the figure is 25 per cent but that would rise to 35 per cent under the plan.

Half of all units in social housing developments would have to be for families. Figures show that 8,000 families in Vancouver are currently living in one-bedroom properties or studios. 

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