Streamlining Rental: Making it easier to build secure rental housing in more neighbourhoods

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Photo of 5080 Quebec St. 5-Storey Building

As Vancouver grows, we need to ensure there are a variety of housing options to meet the diverse needs and range of household incomes of people who live and work here. Building more secure rental housing in all areas of the city is a critical component to this.

The majority of Vancouver’s households are renters, and the need for secure rental housing has grown as fewer are able afford the rapidly rising costs of homeownership. In the mid 1970s, strata condos began to dominate new apartment construction and almost no new secure rental housing was built in Vancouver for 30


Photo of 5080 Quebec St. 5-Storey Building

As Vancouver grows, we need to ensure there are a variety of housing options to meet the diverse needs and range of household incomes of people who live and work here. Building more secure rental housing in all areas of the city is a critical component to this.

The majority of Vancouver’s households are renters, and the need for secure rental housing has grown as fewer are able afford the rapidly rising costs of homeownership. In the mid 1970s, strata condos began to dominate new apartment construction and almost no new secure rental housing was built in Vancouver for 30 years. These lost decades resulted in a significant shortfall of rental that has contributed to the current housing crisis. While the City introduced incentives for the construction of new rental housing in 2009 that have resulted in some new rental buildings, there is still a lot of catching up required to meet the need rental housing need.

In November 2019, following a 10 year review of the City’s Rental Incentive Programs, Council approved the Secured Rental Policy. This policy consolidates, updates and strengthens rental incentive policies that have been in place in Vancouver for over a decade. The Secured Rental Policy identifies two key changes needed to make it easier to building secure rental housing in Vancouver:

  1. Changes to C-2 zoning to allow new 6 storey rental buildings through the same process as new 4 storey condo buildings (without rezoning)

  2. Changes to policy for rezoning in low-density areas (RS or RT zones) to simplify the process by standardizing regulations through new rental zones, focusing on areas within walking distance of public transportation, shopping and other daily needs

Learn more about the proposed actions, share your comments, and attend a virtual information session below.

The updated Secured Rental Policy is the outcome of extensive public and stakeholder consultation over the last 4 years, including what we’ve heard through engagement on the Housing Vancouver Strategy and 3-Year Action Plan (2017), the Rental Incentive Program Review (2019), and the Secured Rental Policy implementation work for C-2 zones and low-density areas (2020).

  • We are proposing policy and zoning changes to make it easier to build rental housing in more neighbourhoods across Vancouver. We want to hear from you! We are seeking your input on this work through a short survey. Your feedback will help inform current policy work and be summarized as part of a report to Council in Fall 2021. 

     

    This survey should take about 5-10 minutes to complete. The survey closes June 25.

    Take Survey
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