Dec 4, 2023StrategicPlan
BoardCity of Vancouver Administrative and Financial Plan 2024-2033
This Administrative and Financial Plan outlines the strategic direction for the Vancouver Affordable Housing Fund, aiming to ensure equitable access to affordable, safe, and stable housing for all residents. The plan focuses on four core objectives: creating and preserving affordable homes for low-income households, contributing to the reduction of homelessness, enhancing housing equity through strategic partnerships, and maximizing investment impact by leveraging external funding. It details the management and expenditure of a $100 million levy collected from 2024 through 2033, to support housing development, services, temporary shelter, and homeownership projects for households earning 50% or less of the area median income.