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		Housing Policy

City-owned Social &
Supportive Housing Sites
525 Abbott St
1134 Burrard St
1050 Expo Blvd
1237 Howe St
2465 Fraser St
337 W Pender St
111 Princess Ave
220 Princess Ave
1338 Seymour St
1005 Station St
188 E 1st Ave
215 - 225 W 2nd Ave
1601 W 7th Ave
3595 W 17th Ave

City-owned Site: 220 Princess Avenue (formerly 606 Powell Street)

320 Princess Avenue (formerly 606 Powell Street) is one of twelve sites being developed under a Memorandum of Understanding (PDF, 272KB) between the City and the Province (BC Housing), a partnership that would see BC Housing fund the preconstruction costs for the development of 1100 – 1200 social and supportive housing units on 12 City-owned sites. According to the Memorandum of Understanding (MOU) agreement between the Province and the City of Vancouver, funding for the City-owned sites will include half of the net proceeds from the redevelopment of Little Mountain. The funding for this project was approved by the Province on May 25, 2010.

COUNCIL REPORTS
May 18, 2010	CD-1 Rezoning — 606 Powell Street
January 18, 2011	Lease Terms and Other Arrangements for Social and Supportive Housing at 606 Powell Street (one of 14 sites)

City-owned Site: 220 Princess Avenue

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Questions or Comments? E-mail: housing.centre@vancouver.ca