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Affordable Housing

About Affordable Housing

Housing affordability continues to be a critical issue both regionally and at the local level. Although the mandate to provide affordable housing is the primary responsibility of senior governments, the City of Richmond has long acknowledged that providing a range of affordable and diverse housing types for residents is an integral part of creating a livable community.

AH Infographic

Affordability is a relative term relating housing costs to household income. A common measurement, defined by Canada Mortgage and Housing Corporation (CMHC) is that housing should not cost more than 30% of a household’s before-tax income.

Pathways Affordable Housing

The City of Richmond, Pathways Clubhouse and BC Housing are partnering to build a new affordable rental housing at 5491 No.2 Road. For more information, please visit Pathways Clubhouse Affordable Housing. 

Affordability situation in Richmond:

Housing affordability remains a critical situation in Richmond and throughout Metro Vancouver. The City acknowledges that a mix of housing, with a variety of supports for a diverse population is essential in creating a liveable and inclusive community. 

City Role
The City has had a proactive history in responding to local housing issues. Key elements of this response have been:

  • Long range housing policy development
  • Strategic review and planning on specific issues
  • Designation of specific affordable housing sites within some of the City’s newer neighbourhoods
  • An Affordable Housing Reserve Fund
  • Acquisition and below market rate leasing of land for non-profit housing
  • Supporting and facilitating innovative housing projects 
  • Monitoring and researching of housing issues and trends

Check out other Affordable Housing initiatives the City is working on:

Contact
For general enquiries, please email affordablehousing@richmond.ca

    Cody Spencer 
    Affordable Housing Coordinator 
    Community Social Development 
    Phone: 604-247-4916
    Email: Cody Spencer

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