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The 3522 Porter St development provided rental housing units under the Short Term Incentives for Rental housing program

Creating and protecting market rental housing

Rental housing is important to meet the needs of a diverse population and is vital to a healthy economy. It also allows moderate-income households to stay in the City because household incomes of renters are typically half that of owners.

Vancouver has the tightest rental market and one of the lowest vacancy rates in Canada, which over the last three years has averaged 0.9 per cent.

With a growing population, limited increases in income, and a limited supply of new, purpose-built rental housing in recent decades, the need for suitable housing choices for low- and moderate-income households has grown significantly.

We use the following programs and strategies to protect and increase the number of market rental homes in Vancouver.

In each section:

  • Learn how each program works
  • Apply to create housing through these programs
  • Get resources and forms

Rental 100: Secured Market Rental Housing Policy

Tenant Relocation and Protection Policy and Rate of Change Guidelines

Laneway housing

Secondary suites in single-family areas

Short Term Incentives for Rental Housing (STIR)