Official Community Plan - District of North Vancouver
Official Community Plan - District of North Vancouver
Official Community Plan - District of North Vancouver
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Housing Affordability<br />
7.3<br />
Lack <strong>of</strong> affordable housing in the <strong>District</strong> is <strong>of</strong>ten cited as a factor contributing to the loss<br />
<strong>of</strong> our “missing generation” <strong>of</strong> 20-40 year olds and the inability <strong>of</strong> many local employers<br />
to find and retain staff. With approximately 2,645 households in core need <strong>of</strong> appropriate<br />
housing and 1,460 households spending at least half <strong>of</strong> their income on housing, our lack <strong>of</strong><br />
affordability is widely felt. The <strong>District</strong>’s objective is to formulate development strategies and<br />
work with community partners and senior levels <strong>of</strong> government to provide housing for modest to<br />
moderate income residents.<br />
Policies<br />
1. Reflect <strong>District</strong> housing priorities through an appropriate mix, type and size <strong>of</strong> affordable housing<br />
2. Focus a higher proportion <strong>of</strong> affordable housing in designated growth areas<br />
3. Apply incentives (including, but not limited to density bonussing, pre-zoning and reduced parking<br />
requirements) as appropriate, to encourage the development <strong>of</strong> affordable housing<br />
4. Require, where appropriate, that large multifamily developments contribute to the provision <strong>of</strong><br />
affordable housing by, but not limited to:<br />
a. including a portion <strong>of</strong> affordable rental or ownership units as part <strong>of</strong> the project<br />
b. providing land dedicated for affordable housing<br />
c. providing a payment-in-lieu to address affordable housing<br />
5. Expand the <strong>District</strong>’s Affordable Housing Fund to receive funds from non-municipal sources<br />
6. Work with community partners and the Province to facilitate options for affordable housing and<br />
advocate the Federal government to develop a national housing strategy for affordable housing<br />
7. Consider incentives such as reduced Development Cost Charges to facilitate affordable rental<br />
housing<br />
Encourage and enable a<br />
diverse mix <strong>of</strong> housing type,<br />
tenure and affordability to<br />
accommodate the lifestyles<br />
and needs <strong>of</strong> people at all<br />
stages <strong>of</strong> life<br />
DNV <strong>Official</strong> <strong>Community</strong> <strong>Plan</strong> | Part Two 61