Overview
Metro Vancouver is developing Housing 2050: A Roadmap to Implement Metro 2050’s Housing Goal.
Housing 2050 is intended to be an action-oriented roadmap to support diverse and affordable housing choices — Goal 4 in
Metro 2050, the regional growth strategy. There are four milestones that will contribute to the development of Housing 2050:
Housing Needs Report,
Affordable Housing Gap Analysis, Policy Alternatives and Advocacy Strategies, and Housing 2050 roadmap actions. The intended timeline is to complete Housing 2050 and seek adoption by the Metro Vancouver Regional District Board in late 2025.
Definition of affordable housing
For Housing 2050, “affordable housing” means housing that is affordable to households in very low- to moderate-income groups earning up to $108,000 per year, or 120% of the regional median household income. In Metro Vancouver, most new affordable housing is provided through the non-market rental housing sector.
Engagement
Engagement for Housing 2050 will focus on hearing from those who have a role in advancing affordable housing in the region, such as municipalities, First Nations, other governments, and housing organizations. Participants in the engagement program will have opportunities to provide input and to discuss approaches to regional alignment, collaboration, and advocacy around affordable housing.
Housing 2050 will leverage Metro Vancouver’s role in supporting affordable housing in this region, with an emphasis on regional policy, advocacy, and Metro Vancouver’s role as a convener.