Deeply Affordable: 52 ; Rent Geared to Income: 68 ; Moderate Income: 78
This mixed income, 13-storey affordable housing development offers a total of 198 studio and one-bedroom apartments, with 52 shelter-rate units for women or couples where a women signs the lease and 20 units for shelter aid for elderly renters who are women are 60 years or older. The building was named Olivia Skye to honour a member of the Downtown Eastside community, Marnie Crassweller. Her daughters are named Olivia and Skye.
Profile Maps Last Updated: July 2, 2024
Notes:
**Priority Population(s): These are described for projects that explicitly fill some or all units with people who are part of a specific demographic that faces unique needs related to housing insecurity.
**Green Building Standard: This is described for projects that are designed according to a green building certification such as LEED (Gold/Platinum), Built Green (Gold/Platinum), and Passive House.
**Affordability Definitions:
Deeply Affordable – A home that is affordable to people on a very limited income, such income assistance, disability assistance, and income support programs for seniors.
Rent Geared to Income – A home that is available to people with modest incomes. Rent is calculated to be affordable based on the tenant’s income.
Moderate Income – A home that is available for a monthly rent that is equal to the low-end of rents available in the private market. Also referred to as ‘Middle Income’ and ‘Affordable Market’.