Vancouver on Track to Meet Provincial Housing Targets

The City of Vancouver's first Annual Progress Report shows significant progress in meeting provincial housing targets, with 4,143 new housing units completed, achieving 80% of the year-one goal. Currently, about 58,100 units are in development, with expectations to exceed the target of 28,900 units by delivering over 33,700 by the end of the five-year period. The report highlights the need for collaboration among government and industry stakeholders to address housing needs, while also outlining the mix and affordability of units required under the Provincial Housing Target.