Vancouver's Market-Rented Housing Plan
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community housing trust modelvancouversun
•Business
Business & Economics
Keith Jones: Toronto’s figured out this rental affordability mechanism, why hasn’t Vancouver?

72% Informative
Vancouver is committed to adding 41,500 new market-rental housing units and amenities through the Broadway plan.
But with the focus on market rents extending to public land, this new housing will not be attainable to many.
Toronto has this mechanism; Ottawa , Ottawa , Kamloops , Muskoka and Halifax also have community housing trusts.
And community housing trusts are a proven mechanism for genuinely affordable non-profit rental, co-op, and affordable home ownership housing to be secured, often nearly immediately, particularly on public lands. Vancouver needs to take a serious look at this mechanism. Vancouver can — and must — put housing to work for the benefit of communities. Keith Jones is a retired kindergarten teacher and a director of the False Creek South Community Housing Trust that was established in 2021 and is ready to incorporate housing that it can manage for the benefit of the community..
VR Score
77
Informative language
79
Neutral language
28
Article tone
formal
Language
English
Language complexity
58
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
19
Source diversity
15