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NEWS RELEASE

For Immediate Release
2010PREM0114-000621

May 25, 2010

Office of the Premier
City of Vancouver
Streetohome Foundation

 

 

$225M IN HOUSING INVESTMENTS TO CREATE 1,006 NEW HOMES

 

VANCOUVER – The Province of British Columbia, City of Vancouver and the Streetohome Foundation are partnering to provide more than 1,000 new supportive-housing units in Vancouver, Premier Gordon Campbell announced today.

 

“These new investments will make a significant difference in improving the lives of more than 1,000 people who are homeless or at risk of homelessness,” said Premier Campbell. “I want to thank all the partners who have come together to improve the lives of people looking for safe and secure housing.”

 

The 1,006 new supportive-housing units will be located on eight sites owned by the City of Vancouver. The Province is providing $205 million and the Streetohome Foundation is providing $20 million towards construction as part of a new agreement that will see the foundation raise money from the private sector. The City of Vancouver provided the eight sites announced today valued at about $32 million.

 

“We firmly believe that permanent housing with the appropriate supports is going to improve the quality of life for those on the street, or who are at risk of becoming homeless,” said John McLernon, chair of the Streetohome Foundation. “This is a major step forward in our goal to bridge the housing gap in Vancouver, and today we are announcing the first donation of $5 million from Frank Giustra, Streetohome Campaign Chair, toward our capital campaign.”

 

The eight new projects are in addition to six projects previously announced by the Province and the City that will see 569 new supportive housing apartments. Combined, the 14 sites will provide 1,575 new units, create more than 2,100 direct jobs and represent a capital investment of $333.4 million. The City has contributed 14 parcels of land valued at about $64 million to the overall project. Construction on the original six sites has already begun. Construction on the remaining eight sites will begin this year subject to final municipal approvals.

 

“This new partnership demonstrates the commitment of the private sector to join the Province and the City in our collective effort to build new supportive housing for those who are homeless,” said Housing and Social Development Minister Rich Coleman. “A major source of funding for the 14 City-owned sites is the proceeds from the sale and redevelopment of Little Mountain, so the legacy of Little Mountain not only replaces all the social housing on that site, but helps to make possible the creation of more than a thousand new supportive apartments.”

 

“Today’s funding commitment is a huge step forward for providing some of our most vulnerable citizens with a safe, permanent place to call home,” said Vancouver Mayor Gregor Robertson. “We’ve got a lot of work left to do, but the development of these eight sites of social housing will move us significantly closer to our goal of ending street homelessness in Vancouver by 2015.”

 

Katherine Sanford Housing Society is among the non-profit operators that will be providing the tenant supports that will make these supportive housing developments successful.

 

“Today’s announcement of secured funding for sites in Vancouver is very welcome news,” said Bonnie Rice, executive director for Katherine Sanford Housing Society. “Providing more housing options in every neighbourhood will allow individuals requiring supported housing to remain in their own community.” 

 

Since 2001, the Province has built more than 14,000 new affordable housing units and another 4,176 are currently planned or under construction across B.C.  In Vancouver, 2,070 new affordable housing units have been built, with an additional 1,575 to be built on the 14 sites.

 

In addition, the Province has purchased 26 single-room occupancy hotels securing 1,550 rooms for people at risk of being homeless.  Twenty-four of those hotels and approximately 1,400 of those rooms are located in Vancouver.

 

In 2010-11, B.C.’s budget for social housing is approximately $562 million, more than four times as much as in 2001.

 

‘Breaking the Cycle of Homelessness’ is a website providing a comprehensive and detailed look at provincial programs and services to address homelessness. Visit www.bchousing.org/breakingthecycle for more information.

 

For more information on the Streetohome Foundation, visit www.streetohome.org.

 

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A backgrounder follows.

 

Media Contacts:

 

Bridgitte Anderson

Press Secretary

Office of the Premier

604 307-7177

Corporate Communications

City of Vancouver

Media Line

604 871-6336

 

 

Susan Thom

VP, Corporate Communications

BC Housing

604 230-1301

Nicole Adams

Director of Communications and Community Relations

Streetohome Foundation

604 629-2711 x505


 

BACKGROUNDER

For Immediate Release
2010PREM0114-000621

May 25, 2010

Office of the Premier
City of Vancouver
Streetohome Foundation

 

 

 

 

$225 IN HOUSING INVESTMENTS TO CREATE 1,006 NEW HOMES

 

The funding for the following eight new supportive housing sites is in addition to funding for six other sites announced in March, 2009. Construction is underway on all six sites. According to the Memorandum of Understanding (MOU) agreement between the Province and the City of Vancouver, funding for the City-owned sites will include half of the net proceeds from the redevelopment of Little Mountain.

 

Address

Number of apartments

Non-Profit Housing Society

Estimated Project Capital Cost*

Estimated Number of Direct Jobs

7th and Fir

62

Katherine Sanford Housing Society/Motivation, Power and Achievement Society

$13.4 million

86

1233 – 1251 Howe

110

McLaren Housing Society

$22.3 million

143

215 W. 2nd

147

Katherine Sanford Housing Society/RainCity Housing and Support Society

$34.2 million

219

1134 Burrard

141

Kettle Friendship Society/Family Services of Greater Vancouver

$30.4 million

194

590 Alexander St.

139

PHS Community Services Society

$31.2 million

200

675 E. Broadway

127

Vancouver Native Housing Society/Broadway Youth Resources Centre

$28.3 million

181

606 Powell

147

RainCity Housing and Support Society

$34.6 million

221

1050 Expo Blvd.

133

127 Society for Housing/St. James Community Services Society

$30.6 million

196

 Totals                   1,006 apartments                                         $225 million             1,440 jobs

*Capital Cost excludes value of municipal land contribution

 

 

 

 

 

Six sites currently under construction in Vancouver

Address

Number of apartments

Non-Profit Housing Society

Estimated

capital cost*

Estimated Number of Direct Jobs

1338 Seymour St.

105

More Than a Roof

$18.7 million

120

1005 Station St.

80

PHS Community Services Society

$16.7 million

107

337 West Pender St.

96

Coast Mental Health

$19 million

122

188 East 1st Ave.

129

Lookout Emergency Aid Society

$22.8 million

146

525 Abbott St.

108

Atira Women’s Resource Society

$20.8 million

133

3595 West 17th Ave.

51

Coast Mental Health

$10.4 million

67

Totals                      569 apartments                                                        $108.4 million      695 jobs

*Capital Cost excludes value of municipal land contribution

 

 

 

Provincial Housing Investments in Vancouver

Today’s announcement is part of the Province’s significant investment in housing in Vancouver since 2006, as part of the provincial housing strategy, Housing Matters BC.

 

Highlights include:

New Supportive Housing

·    $333.4 million has been allocated for the 14 City-owned sites where 1,575 new apartments will be created to alleviate homelessness.

 

Single Room Occupancy Hotels

·    The Province has also spent $86 million to purchase 24 SROs in Vancouver that were facing conversion into more expensive forms of housing.

·    $54 million is being spent on renovations to improve the approximately 1,400 rooms.

 

Emergency Shelters and Homeless Outreach

·    There are currently just over 600 year-round emergency shelter beds available in Vancouver, receiving annual funding of nearly $17 million.

·    Most are now open 24/7 to offer better services and access to more permanent forms of housing and support.

·    Approximately $900,000 in annual funding is provided through the Homeless Outreach Program, so outreach workers with non-profit societies can connect people who are street-homeless to housing and support services.

·    Permanent housing was found for 1,220 shelter and homeless outreach clients in the Downtown Eastside in 2009.


 

 

Existing Affordable Housing

·    More than $130 million is being spent on social housing renovations in Vancouver, to improve some of the older of the 26,000 provincially-subsidized units in Vancouver that receive nearly $105 million in funding every year.

·    These 26,000 provincially-subsidized units include nearly 1,000 low-income working family households who receive monthly subsidies of approximately $350 each for private market rental housing through the Rental Assistance Program.

·    It also includes more than 2,400 seniors’ households who receive monthly subsidies of approximately $150 each for private market rental housing through the Shelter Aid for Elderly Renters (SAFER) program. 

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Media Contacts::

 

Bridgitte Anderson

Press Secretary

Office of the Premier

604 307-7177

Corporate Communications

City of Vancouver

Media Line

604 871-6336

 

 

Susan Thom

VP, Corporate Communications

BC Housing

604 230-1301

Nicole Adams

Director of Communications and Community Relations

Streetohome Foundation

604 629-2711 x505

 

For more information on government services or to subscribe to the Province’s news feeds using RSS, visit the Province’s website at www.gov.bc.ca.