Affordable Housing Strategy

The 2017-2027 City of Richmond Affordable Housing Strategy is the second strategy undertaken by the City since 2007. The purpose of the updated Affordable Housing Strategy is to provide direction to the City of Richmond and other stakeholders in response to the current and future affordable housing needs of the community.

Project Update:
The Affordable Housing Strategy 2018 Update provides a high-level summary of what the City and community partners achieved regarding affordable housing in 2018.

Project Background
The Affordable Housing Strategy 2017-2027 was approved by Richmond City Council on March 12, 2018.
2017-2027 Affordable Housing Strategy
Project Summary

What is new in the Strategy?
Input from the community and an assessment of housing needs helped the City to identify five strategic directions that will guide the City's response to affordable housing over the next 10 years.

Five Strategic Directions:
1. Use the City’s regulatory tools to encourage a diverse mix of housing types
2. Maximize use of City resources and financial tools
3. Build capacity with non-profit housing and service providers
4. Facilitate and strengthen partnership opportunities
5. Increase advocacy, awareness and education roles

Priority Groups and Identified Housing Gaps
The Affordable Housing Strategy 2017-2027 also identifies the following priority groups in need:

Important Links:
2017-2027 Affordable Housing Strategy
Final Policy Recommendations Report (approved by Council July 24, 2017)
Updated Housing Affordability Profile
Updated Bulletin for Housing Developers
How Richmond’s Inclusionary Housing Policy Works