A month after launching the new short-term rental regulations on April 19, the City is actively investigating over 1,500 listings which appear to be illegal. These include commercial operations and illegal/unsafe units that will not qualify under the new licensing program, in order to protect the safety and availability of Vancouver’s long-term rental stock.
The first phase of new affordable housing is now open at Fraserview Co-operative Housing, providing 90 new apartments and townhomes in southeast Vancouver’s River District. With the expected completion of phase two later this year, Fraserview Co-op will provide a total of 278 new homes for people who live and work in Vancouver. The project is built on City land and the City selected the Community Land Trust to develop the building.