City of Vancouver Housing and Homelessness Strategy
There is a report coming to Council Tuesday July 26, 2011 at 2:00 pm for presentation.
Report will be referred to Thursday July 28, 2011 at 9:30 am to hear from speakers –
For more information see http://vancouver.ca/commsvcs/housing/
STIR Rental Housing Program
Link to page with STIR media release and history
The Short Term Incentives for Rentals (STIR) program has been very controversial since the current Vision Vancouver-dominated Council approved it in June 2009 in response to the financial crisis. The program waives fees and parking, and provides density bonusing for developers to produce market rentals at an estimated average cost of $100,000 per unit, without any guarantee of affordable rents. NSV is on record as being opposed to this program.
Links for Opinion and Information
Deconstructing STIR: Vancouver’s Tax-Cuts-for-Developers Housing Strategy
The Ugly Story of Short Term Incentives for Rental
West End Neighbours
Residents’ Association Mount Pleasant
Short Term Incentives for Rental Housing (STIR) [City of Vancouver]
NSV Letters on STIR Rentals (April – June, 2009)