Rent Geared to Income: 36; Moderate Income: 84
In 1974, the Kiwanis Club of Vancouver and the Soroptimist International of Vancouver came together to develop Southwynd Place, a 20-unit apartment for seniors on a 1.9 acre site at 8080 Yukon, a block away from the current Marine Drive Skytrain station. The society intends to redevelop the now aging building in a way that creates significantly more non-market housing, not only for seniors but for families and singles as well. Plans include 3 high-rise towers that will increase the number of homes tenfold and provide retail spaces that prioritize health and wellness services. As a mixed-income development, market-rental housing will generate funding for capital costs of the redevelopment. Phase 1 of the redevelopment is a 120-unit building.
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’.
