Riverfront “Affordable Housing” in Vancouver….Whose slice?

robertsonThis Wednesday, one day after B.C.’s provincial election, Vancouver city council, led by Mayor Gregor Robertson and his Vision majority, will approve the development of four city-owned sites, including a riverfront property on Southwest Marine Drive, as part of the mayor’s grand plan for “affordable housing” in Vancouver.

In August 2012, city hall issued a cattle call and began accepting bids from developers, with the following conditions. You build “affordable housing,” a term not clearly defined, at these four sites, and city hall will waive development cost levies, relax parking requirements, fast-track the permit and zoning process and allow additional density, which means higher buildings, which means more condos to sell or apartments to rent.

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