Innovative solutions for affordable housing
Two weeks ago, we presented Part One in a series about Canada's housing crisis called Home Truths. We began looking at the symptoms and the causes.
- The Sunday Edition: What's causing Canada's housing crisis?
Average house prices in Vancouver and Toronto are approaching a million dollars. It costs about $2,000 a month to rent an apartment. And hundreds of thousands of people are arriving in our cities every year, looking for a place to call home.
- The Sunday Edition: Why Canada needs a new National Housing Policy — now!
In part two of Home Truths, we focus on innovative solutions to the problem of affordability.
There are several examples of successful urban renewal projects to draw on.
Vancouver's Downtown Eastside was suffering from poverty and drug addiction. A decade ago, a nearby abandoned department store launched a neighbourhood transformation. The Woodward's Building is now a 43-story development, including different kinds of housing, stores, offices and a university campus.
The city of Vienna takes a different approach. It has a longstanding tradition of investing in high-quality affordable housing.
More than half the residents live in subsidized homes. They are not ghettoized and there is none of the stigma that is often attached to "social housing projects."
Click 'listen' above to hear the full interview.