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AUSTIN DELEGATION Providing Affordable Housing in Downtown Vanco October 6, 2008 1 October 6, 2008

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Page 1: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

AUSTIN DELEGATION

Providing Affordable Housing in Downtown VancoOctober 6, 2008

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October 6, 2008

Page 2: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

AGENDA

• OverviewCi ’ R l i S i l H i• City’s Role in Social Housing

• Single-Room Occupancy Units (SROs)• Supportive Housing• 20% Policy20% Policy• Questions and Comments

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Page 3: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

OVERVIEWThe City in the RegionThe City in the RegionThe City in the RegionThe City in the Region

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Page 4: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

OVERVIEWThe City in the Region: PopulationThe City in the Region: Populationy g py g p

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Page 5: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

OVERVIEWThe City in the Region: Core Need 2001The City in the Region: Core Need 2001

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Page 6: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

OVERVIEW

Th Ci i h R i R l H i 2001Th Ci i h R i R l H i 2001The City in the Region: Rental Housing 2001The City in the Region: Rental Housing 2001

* BC Housing definition

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Page 7: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

OVERVIEWCon entional Market Rental Ho singConventional Market-Rental Housing

October 2006 CMHC-Surveyed Stock

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Page 8: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

OVERVIEWCity Apartment Vacancy RatesCity Apartment Vacancy Rates

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Page 9: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

OVERVIEWCity SingleCity Single--Family Median Sale Prices Family Median Sale Prices –– to 1to 1stst Q 2007Q 2007y gy g yy

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Page 10: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

OVERVIEWCity Condo Median Sale Prices City Condo Median Sale Prices –– to 1to 1stst Q 2007Q 2007yy

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Page 11: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

SOCIAL HOUSINGSocial Housing PrioritiesSocial Housing Priorities

Approved by Council, October 2001:

“Maintain and expand housing opportunities in Vancouver for low- and modest-income households, with priority given to:

• families with children;

• seniors on fixed income or in need of support;• seniors on fixed income or in need of support;

• SRO residents; and

• the mentally ill, physically disabled, and others at risk of homelessness”

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Page 12: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

SOCIAL HOUSINGFunding Social HousingFunding Social Housing

Cit ll l it t di t• City sells or leases sites at a discount

• Fed/Prov pays for buildings & provides• Fed/Prov pays for buildings & provides operating subsidies

• Fed/Prov administers & oversees managementmanagement

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Page 13: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

SOCIAL HOUSING

City’s Affordable Housing Fund

• Capital Plan (Property Tax)

City s Affordable Housing Fund

Capital Plan (Property Tax)

• Community Amenity Contributions (rezonings)

• Development Cost Levies (since 1991):$10 per buildable sq ft (new construction)- $10 per buildable sq.ft. (new construction)

- 32% for affordable housing

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Page 14: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

SOCIAL HOUSINGChange in the Stock of Social HousingChange in the Stock of Social Housing

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Page 15: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

SOCIAL HOUSINGCity Portfolio of Non-Market HousingC y o o o o o a e ous g

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Page 16: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

SROsSingle Room Occupancy Units (SROs):Single-Room Occupancy Units (SROs):••Lowest end of the marketLowest end of the market--

rental stockrental stock••Rooming houses & residential Rooming houses & residential

hotelshotels about 6 000 inabout 6 000 inhotels hotels –– about 6,000 in about 6,000 in the Downtown Core & the Downtown Core & perhaps just over 2,000 in perhaps just over 2,000 in the rest of the citythe rest of the city

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Page 17: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

SROsSROsSROs

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Page 18: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

SROs

Single Room Accommodation BySingle Room Accommodation By lawlaw

• SRA By-law enacted October 2003

Single Room Accommodation BySingle Room Accommodation By--lawlaw

y

• 198 buildings with 8,481 rooms

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Page 19: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

SROs

SRA BySRA By--law Allows the City to:law Allows the City to:

• Prohibit demolition or conversion;

L f ( $15 000)• Levy a per-room fee (now $15,000); and / or

• Impose conditions Housing agreementg g

Heritage agreement

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Page 20: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

SROsSRA BySRA By--law Limitationslaw Limitations

• Rents cannot be controlled

• Closures cannot be controlledcontrolled

• Student housing is a SRA use

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Page 21: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

SROsH i Pl f th D t E t idHousing Plan for the Downtown Eastside

•Replacement Housing

SRO I t/•SRO Improvement/Protection

•Market Housing

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Page 22: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

SUPPORTIVE HOUSING

Supportive HousingSupportive Housing

Proven outcomes• Reduction in

hospitalization rates by more than 50%

• Reduction in emergency room usage by a third

Portland Hotel

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Portland Hotel20 W. Hastings St.

Page 23: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

SUPPORTIVE HOUSING

Supportive Housing ProjectsSupportive Housing Projects

Jim Green Residence - Alexander StIrvine Apartments – West 10th Ave Hydrecs Apartments – Victoria Dr

Granville Residence – Granville StFrances Court – Frances St Triumph Apartments – Triumph St

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Page 24: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

SUPPORTIVE HOUSING12 Supportive & Social Housing Sites MOU between City and Province1200 + new units

Suppo e & Soc a ous g S es

1200 + new unitsLeases to non-profit operators

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Page 25: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

New Neighbourhoods & the 20% Policy20% POLICY

g y

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Page 26: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

20% S i l H i R i t

20% POLICY

20% Social Housing Requirement

Sit th t ld d t 20% f th it t b• Sites that would accommodate 20% of the units to be designated for social housing, with 50% of the units for families

• Sites to be developed through Federal/Provincial social h ihousing programs

• 80-year options allowing the City to buy the sites at a y p g y yprice consistent with Federal/Provincial social housing programs

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Page 27: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

Twenty-Percent Sites20% POLICY

y

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Page 28: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

20% POLICY

TwentyTwenty Percent ProjectsPercent ProjectsTwentyTwenty--Percent ProjectsPercent Projects

QUAYSIDE – 1010 PACIFIC BLVD – 93 UNITS - 1999Q

YALETOWN MEWS – 201 ALVIN NAROD MEWS - 60 UNITS – 2001MEWS - 60 UNITS – 2001

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Page 29: AUSTIN DELEGATION · Cityyg Singlele--FamilFamily Median Sale Prices – to 1st Q 2007 9. OVERVIEW City Condo Median Sale Prices – to 1st Q 2007 10. ... Irvine Apartments – West

Questions and Comments

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