If one in 10 solo or couple homeowners in B.C. added a secondary suite, it would create almost 50,000 new affordable housing units. This single initiative could take B.C. almost half of the way to meeting its affordable housing target. It would also generate new income for 50,000 senior homeowners and cut 150,000 tonnes of greenhouse gas emissions annually.
“The Federal Government is pleased to support such an innovative project that connects the dots between housing affordability, climate action and seniors’ health,” says North Vancouver MP Jonathan Wilkinson and Federal Minister of Natural Resources. “I am optimistic that the solutions developed here can be adapted and replicated across Canada.”
The Canadian Mortgage and Housing Corporation has contributed catalytic project financing to the Hollyburn Community Service Society. Additional funding partners include Vancity and the North Family Foundation.
The Housing Solutions Lab runs until 2024 with workshops and interviews with seniors to identify barriers, solutions and roadmap to scale solutions province-wide.