Tag: affordable-housing

Housing prices squeezing families, seniors and immigrants: study

This story first appeared in the Tri-City News on Sept. 21, 2021

Port Moody has plenty of housing getting built or in the process of being approved to meet projected regional growth targets.

But the city needs more diversity of housing options to keep it affordable for families, single people, low income earners, immigrants and people with disabilities, says a study by community planning and development consultant, CitySpaces Consulting.

According to the study, which is to be presented to council Sept. 21, the gap between what households can afford to pay for housing in Port Moody and the housing that is available is growing.

Since 2013, the median sales prices of single-detached homes and townhouses have nearly doubled. Rents have also skyrocketed at a similar pace, and the vacancy rate for units with three or more bedrooms is currently 0 per cent. As a result, one in five residents are spending more than 30 per cent of their income on housing costs, a level that is considered a standard measure of affordability.

“Housing is becoming more expensive and fewer residents are able to enter the home ownership market,” said the report, adding Port Moody’s housing situation isn’t about a lack of dwellings to be built, or land where they can be located. Rather, there isn’t enough diversity of housing, including more affordable housing options, as well as accessible and family-friendly units.

Renters, who comprise one-quarter of city residents, are also struggling with higher costs and less availability, said the report. The median rent in Port Moody is now more than $1,000 per month while the vacancy rate for all units is between 0.5 per cent and 1.9 per cent — a healthy vacancy rate is between one and three per cent.

“Some households may be able to find a rental unit for less than $1,000 a month, but this typically comes with trade-offs such as being in poorer quality condition, further away from public transit and amenities and may not be suitable to meet their needs,” said the report.

But as Port Moody strains under the same market forces that afflict the entire Tri-Cities area, there are still ways to turn the tide.

“For Port Moody, the number of units being developed is keeping pace with demand,” said the report. “However, consideration to adjust the mix and secure rental housing and affordable units is a key area of opportunity.”

According to CitySpaces, zoning bylaws in Port Moody often don’t mesh with land designations, creating challenges to build viable developments without expensive lot consolidations, and some areas of the city are falling short of their potential to accommodate new, more diverse housing. Developers, the consultant said, require certainty and standardized policy in development expectations and incentives, as well as expedited processes to move approvals along.

And that could require more staff, said the report.

“It appears that the local government may need to scale-up staffing levels to match the scale of development to not only move projects through the process in a timely manner, but to also ensure that opportunities to capture units for affordability is not missed.”

The study was commissioned by Port Moody in 2020 to fulfill new regulations under the provincial Local Government Act for municipalities to complete housing needs reports by 2022, and then subsequent reports every five years after that. The consulting company used data from various sources including Statistics Canada, BC Assessment and BC Housing, as well as an online survey, virtual workshops, interviews and a workshop with city staff.

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‘I choose my path’: Affordable, inclusive homes give residents independence

This story first appeared in the Tri-City News on June 4, 2021

For Andrew Wiseman, affordable, inclusive housing is more than catchphrase for cities trying to achieve greater diversity.

It’s more than an amenity developers try to leverage for the approval of increased density.

It’s his life.

In January, Wiseman, 37, received the keys and electronic entry fob to a gleaming new one-bedroom condo in George, a 179-unit development on St. George Street in Port Moody.

He carries them proudly wherever he goes, hanging from the end of a lanyard around his neck — visiting his parents in Coquitlam, to his job at a McDonald’s restaurant in Burquitlam, to the electronics store to check out the latest games for his video game system.

The condo Wiseman calls home is one of six such units in George that was achieved through a partnership between Kinsight — a social services agency that works with families of children, youth and adults with developmental delays — and the Langley-based developer Marcon, along with support from the city of Port Moody and BC Housing.

The units provide independent living for up to nine residents, with flexible spaces to accommodate their support needs, and even some furnishings provided by IKEA Coquitlam, La-Z-Boy and the Port Moody Foundation.

Kinsight’s CEO Christine Scott said the intention of such partnerships “is to create an environment where people have meaningful opportunities for social inclusion and a real sense of belonging.”

For Wiseman, moving into his own apartment at George is a big step in his journey to independence.

After spending the first 30 years of his life in the protective embrace of his family’s home, he moved into a shared apartment at Kinsight’s former fourplex just down the street.

But in 2017, Marcon approached Kinsight with an opportunity to provide new homes for residents of the aging structure that was in serious need of repairs and no longer met the standards to house residents who required supports.

The company’s amenity package it offered to the city in return for increased density also included daylighting a stretch of Dallas Creek and a 3,360 sq. m. public park that includes a greenway trail and open play area.

“Our motto, ‘Building for Life,’ means building for all,” said Marcon’s vice president of development, Nic Paolella, in a news release.

Scott said her organization receives many overtures from developers, but turning them into reality requires a shared vision.

“We have to make sure there’s truly opportunities for all,” she said, adding Kinsight is also working with Marcon on another six units in a new tower the company is building in Coquitlam, as well as two additional projects in Port Moody with other developers.

Scott said not only are the partnerships providing new homes for Kinsight’s clients, they’re changing the conversation around affordability in Metro Vancouver’s hyper-expensive housing market.

“When I hear councillors use the language of inclusive housing, I know we’re well underway,” she said, adding the rent that residents pay to live in the units is low enough that they’re able to put income they earn toward their quality of life.

Since moving into his new home, Wiseman said he’s been able to meet some of his neighbours. He’s also improved many of his life skills, like managing his finances and broadening his cooking repertoire beyond Kraft Dinner.

Wiseman said he enjoys having his own space. His younger brother comes over to hang out. His relationship with his former roommate has blossomed into a friendship. In fact, he’s feeling so good about things, he’s thinking of going back to school for cashier’s training.

“My mom didn’t think I could live on my own,” he said. “Now, I have the respect of my parents. I choose my path.”

That’s music to the ears of Tina Matysiak, Wiseman’s support worker.

“He’s just grown as a human being.”

Scott said while KInsight’s growing number of partnerships with developers are a success story, they’re but a dent in the demand for affordable, inclusive housing.

According to a 2020 report by Community Living BC and the Inclusion BC inclusive housing task force, there’s a need for about 5,000 such units across the province to accommodate individuals with developmental disabilities who are ready and able to live on their own, with supports at hand, in the next five years.

“We’ve made great strides,” Scott said. “But there’s an enormous amount of work to do yet.”

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Could Port Moody’s biggest-ever development project get even bigger?

The company building Port Moody’s largest-ever development project wants to make it even bigger.

Dean Johnson, the vice-president of development for Vancouver-based Wesgroup Properties, told council’s city initiatives and planning committee Tuesday, May 20, that it will need to add a seventh residential tower to the six already approved as part of its expansive 14.8-acre Inlet District project in the former Coronation Park neighbourhood.

Johnson said the additional density is required to offset recent changes to rules about development cost charges (DCCs) levied by Metro Vancouver that help pay for regional infrastructure like water, sewers and drainage.

He said those changes will cost the company an additional $30 million for its Inlet District development that currently comprises more than 2,500 new homes in six residential towers up to 31 storeys along with three low-rise buildings, a four-storey office building, as well as a grocery store and daycare facility, all built around a 2.5-acre central park.

“This cost is something we have to deal with in this project,” Johnson said, adding it was unforeseen last July, when Wesgroup achieved final approval from council for the zoning amendments required for the development’s first phase to proceed.

Johnson said if the company can’t build an additional tower, it may have to cut back on some of the project’s amenities to help offset its increased costs. Those include:

  • $6 million towards construction of a new pedestrian overpass across Ioco Road to the Inlet Centre SkyTrain station
  • a 186 sq. m. civic facility for community use
  • $4.8 million of public art
  • more than $8 million in community amenity contributions

Johnson said the seventh tower would be part of a future phase of the project’s construction, which is already underway and is expected to take about 25 years to complete.

Johnson’s preliminary pitch rankled at least one Port Moody councillor.

Haven Lurbiecki said it’s “irresponsible” and accused the developer of “moving the goalposts now.”

At one point during the project’s protracted journey through council’s approval process that commenced when Wesgroup finished acquiring the last of 59 mid-century single-family homes that formerly occupied the site in 2019, the company had hurled a similar charge.

In 2022, Wesgroup’s senior development manager, Evan French, expressed frustration at Port Moody’s implementation of a new inclusionary zoning policy that requires at least 15 per cent of units in dense new developments be affordable rentals shortly after it had received approvals for changes to the city’s official community plan so the project could proceed and just as it was preparing to apply for necessary zoning amendments.

And while those zoning amendments were ultimately passed by council in Dec., 2023, without a requirement for affordable housing units, Wesgroup did provide a letter of intent that it would continue working to secure such a component.

Tuesday, Johnson said those efforts have borne some fruit.

He said a program through the Canada Mortgage and Housing Corporation that provides low-cost financing for the construction of affordable apartments could mean all 288 units in the project’s second tower could become rental apartments, with 20 per cent of them available at below-market rates.

Johnson said Wesgroup had previously tapped into the program for projects it built in other communities like Burnaby and New Westminster.

“We are very familiar with this framework and we’re really excited about bringing this to Port Moody.”

But, Johnson added, time is running short and an endorsement letter from the city would speed the process, a request councillors readily granted.

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The struggle for affordable housing and what it meant when a Coquitlam woman found it

This story was originally published in the Tri-City News Nov. 10, 2024

Frances Stone had never lived in a home that requires a security fob or a building that has an elevator.

Recently, she and her teenage daughter moved into a gleaming two-bedroom-plus-den condo in Anthem Properties’ new SOCO project just off North Road in Coquitlam.

How Stone got there is a study in transformational importance of securing safe, affordable housing.

Stone and her daughter were living in a walk-up rental building in uptown New Westminster when her landlord informed her she needed to move so a family member could move in.

Stone, an addictions counsellor, considered uprooting to Alberta where the provincial government is offering financial incentives to newcomers and rents are much cheaper.

Then a friend told her about a partnership between the Affordable Housing Society and Vancouver-based developer Anthem Properties that would make 18 rental homes in two new condo towers in Coquitlam available at rates geared to tenants’ income.

According to the Canada Mortgage and Housing Corp.(CMHC), that means a tenant pays 30 per cent or less of their gross income for rent.

Secure future

Stone said since moving into her new home in August, it’s the first time in her adult life she’s felt secure about her future.

So much so, Stone said she’s in the final stages of adopting a rescue dog to add to her family, something she’s wanted to do for years but failed to pursue because of her ongoing housing uncertainty.

That’s music to the ears of Stephen Bennett, CEO of the Affordable Housing Society.

He said being able to live in a safe, affordable home impacts every aspect of a person’s life.

“We don’t understand what a lack of choice means for people,” he said. “Because it’s so unaffordable out there, people are stuck.”

Best interests of the community

As municipalities across B.C. strive to attain housing targets recently mandated by the provincial government, they’re also wrestling with the challenge of ensuring those homes can be accessed by a broad spectrum of residents.

“We still have to predicate all of our decisions based on what is in the best interest of our community as a whole,” said Port Moody Mayor Meghan Lahti about the pressure to approve the construction of more homes.

Bennett said affordability can only be achieved when all levels of government work together to provide necessary funding because the cost of constructing homes has spiralled so high. He said without subsidies and grants from programs through agencies like BC Housing, BC Builds and CMHC, rent for apartments could be as much as $5,000 a month.

‘It can often be a tightrope’

Melissa Howey, Anthem’s vice-president of development, said companies like hers are feeling the pressure as well, as they look to deliver housing stock that meets communities’ needs.

“It is balancing the costs, the availability of density,” she said. “It can often be a tightrope to walk.”

Howey said inflationary pressures and constraints on capital are making that tightrope even tauter.

Inclusionary zoning policies and negotiations for additional density can help spur developers to find creative solutions that will allow them to include affordable units in their projects, but the long process to get approvals means the landscape is always shifting.

“Every municipality operates differently,” Howey said, adding the navigation of those varying procedures comes with more layers of expense.

“It can be a challenge to deliver the other forms of housing in a project at somewhat affordable rates.”

In fact, Anthem recently had to scale back a plan to designate half the 128 units in a rental building its seeking to build in Port Moody to just 13. The company said its original intent proved “financially unviable.”

Complicated process

Bennett said his society is always working to devise new models to help fund affordable units, sometimes pooling financial contributions from several agencies.

But, he said, “to pull all those pieces together is exceedingly complicated and it takes a lot of work.”

Stone said she’s keenly aware of the challenge to provide enough affordable housing.

Prior to losing her apartment in New Westminster, she’d been on the BC Housing waiting list for five years. She said she’d also applied to every co-op in Metro Vancouver but “nothing was available.”

“It was pretty hopeless,” Stone said.

Now that she’s settled in her new home, though, Stone is starting to take advantage of her building’s host of luxurious amenities, like its indoor basketball/badminton court, the games and community room that features a full kitchen, a gym and yoga studio as well as an outdoor garden atop the parkade with seating areas, play structures and several gas barbecues. She said she’s keen to start a podcast that she can record in the building’s special sound room as well.

It’s a lifestyle Stone never imagined for herself.

“I would never have been able to work hard enough to live in a building like this,” she said. “It changes your perception of yourself.”

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