Denman Green Affordable Housing Proposal Details and Critique
governance · Denman Island
The Denman Green affordable housing project proposes 20 rent-controlled units on Denman Road, with 8 units at full market rent, 4 fully subsidized social housing units at $375/month, and 8 units partially subsidized at 30% of household income. The project has raised community debate about its effectiveness in addressing gentrification and affordability on Denman Island.
Related locations
- 5909 Denman Rd Denman Island
- 1000 Denman Rd Denman Island
- 6011 Denman Rd Denman Island
- 3941 EAST RD DENMAN ISLAND
- 1035 DUSTY RD DENMAN ISLAND
- A-1795 SWAN RD DENMAN ISLAND
- 5515 LACON RD DENMAN ISLAND
- 1341 SCHMIDT RD DENMAN ISLAND
Sources
- “According to BC Housing, 8 of the 20 rental housing units in the Denman Green project proposal would be priced at full market value and only 4 would be fully subsidized social housing which would be available at a cost of $375 per month...The other 8 units would be partially subsidized by making them available at a rental cost of 30% of the total gross household income of the tenants.” — The Islands Grapevine – July 30th, 2020 (July 30th, 2020)
Compiled from public community sources; we report the subject under discussion, not opinion. Report a correction.