SOCIO-ECONOMIC RESEARCH
HOUSING AFFORDABILITY
Transit-Oriented Affordable Housing Study
Description This study explores the opportunities and constraints for building new affordable rental housing in transit-oriented locations across the Metro Vancouver region. Phase 1 of the study examines the opportunities and challenges. Phase 2 evaluates the effectiveness, limitations, and applicability of specific tools to support the delivery of new transit-oriented affordable rental housing in the region. Phase 2 includes two research components: developing a business framework for a transit-oriented affordable housing revolving loan fund; and reviewing policy tools and approaches available to municipalities to encourage the development of affordable transit-oriented rental housing and address the constraint of high land costs in the region. The study builds on two Metro Vancouver initiatives – the Regional Affordable Housing Strategy and the Housing and Transportation Cost Burden Study – which describe the region’s rental housing needs and the high burden many renter households face when housing and transportation costs are considered together. Impact This study aims to increase transit-oriented affordable rental housing in Metro Vancouver.
Status: Phases 1 and 2 completed and posted online at www.metrovancouver.org Partners: Metro Vancouver, BC Non-
Profit Housing Association, TransLink, Vancity, Ministry of Municipal Affairs and
Housing, Canada Mortgage and Housing Corporation, Urban Development Institute Audience: Consumers, developers, planners, government, builders and transit authorities, and non-profit housing providers
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HOUSING RESEARCH & EDUCATION PROJECT HIGHLIGHTS | JULY 2021
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