Proposed housing project for Indigenous families and seniors to be supported by Empty Homes Tax revenue
Our partnership with Vancouver Native Housing Society will strengthen the lives of 81 families and seniors and help get us closer to a Vancouver that works for everyone.
Mayor Kennedy Stewart
An Indigenous-led social housing development that would provide 81 new homes for families and seniors received approval for a grant of up to $5.12 million from the City of Vancouver today.
The grant, from our Community Housing Incentive Program (CHIP), will go to Vancouver Native Housing Society (VNHS) to enhance affordability of a proposed development at 1766 Frances St in the Grandview-Woodland neighbourhood.
The proposed building would create much-needed homes at affordable rents for dozens of Indigenous individuals and families. People who identify as Indigenous continue to be vastly overrepresented in our Homeless Count results, making up 39% of Vancouver’s homeless population but only 2% of the city’s overall population.
Council approved the building’s rezoning at Public Hearing in February 2021 and VNHS will be applying for a development permit later this year.
Funded by revenue from the Empty Homes Tax and our capital budget, CHIP aims to helps leverage senior government funding and targets deeply affordable housing units in social or co-op housing projects by providing a capital contribution towards its construction. This is the third round of grants to be awarded by the $25 million program.
CHIP is a key way to deliver on the goals of Housing Vancouver by supporting the work of local non-profits who play an important role in operating and delivering housing affordable to low-income households.
David Eddy, CEO VNHS
“Vancouver Native Housing Society is thrilled to be selected as a recipient of this grant. For 24 of the former residents of 1766 Frances Street, who were forced to flee their homes on December 20, 2017, because of a devastating fire, it brings the possibility to return to their home community in safe, appropriate, housing that much closer to reality,” said David Eddy, CEO VNHS. “For 20 children who will be enrolled in a unique, purpose built, Indigenous-focused childcare it offers the opportunity for them to celebrate and learn from theirs’s and other’s cultures in a loving, warm, and supportive environment. For 50 other individuals and families who will call 1766 Frances Street home, the completion of this building will offer many benefits and comforts, not the least of which will be dignified, affordable, high quality shelter in a culturally appropriate, spiritually rich environment. The City of Vancouver’s CHIP grant is a great weapon in the war to create affordable housing”.
Mayor Kennedy Stewart
“Once again, we’re combining revenue from the Empty Homes Tax with non-profit expertise to help deliver housing for our neighbours who need it most,” said Mayor Kennedy Stewart. “Our partnership with Vancouver Native Housing Society will strengthen the lives of 81 families and seniors and help get us closer to a Vancouver that works for everyone.”