City seeking input on actions to increase housing options and accelerate SRO replacement in the Downtown Eastside

Vancouver proposes significant policy changes to enhance housing options in the Downtown Eastside, particularly for those living in Single Room Occupancy buildings. The updates aim to revise the existing inclusionary housing policy, shifting the balance to allow more secured market rental units, while still promoting the creation of social housing. Developers would also be permitted to deliver below-market rental housing, ensuring that 10% of units are offered at deeply discounted rents. The proposed changes include increasing allowable building heights to 32 storeys in some areas, facilitating SRO replacements and new developments. These measures address the housing crisis by improving the financial viability of projects, ultimately leading to more social housing being constructed.

The City emphasizes tenant protections to prevent displacement during redevelopment efforts. Public input is being sought to guide recommendations for City Council later this year. The initiative aligns with the 2014 DTES Plan and supports the City’s broader efforts to create a fair housing system in Vancouver.