The City of Vancouver has revealed how it plans to help solve the housing crunch.
Council heard from staff on Wednesday from the Vancouver Affordable Housing Agency that proposes to build about 800 units at seven city-owned sites.
They’re at the West Hastings and Fraser neighbourhoods, as well as the River District, in the southeastern party of the city.
About 45% of the units would be reserved for families, while 70% ideally would be below market value.
The projects would cost $62 million over four years.
The sites identified by VAHA for development include five sites in the River District in East Fraser Lands, and one each in Kensington-Cedar Cottage and the Downtown Eastside.
You can check out the presentation made to council here.