BURNABY – Burnaby North MLA Richard T. Lee has been approached by many people expressing their fear of being pushed out of their own community by a lack of affordable rental housing.
“We see more and more rental properties being torn down and replaced by condos, and I think city council needs to change their focus. They can take action by asking developers to provide replacement of rental units prior to granting zoning approval for new projects.”
Lee is concerned that rental units are not being replaced at an adequate rate for low and middle income families in Burnaby.
“Today’s announcement detailing 2,900 new units of rental housing is a great example of how all levels of government can work together with developers and say we are making rental units a priority,” Lee added. “Through collaboration with nonprofit groups, the private sector and various levels of government, we can build more rental housing.”
In addition to the $500 million announced last September, our BC Liberal Government also made a $355 million commitment in February. When combined, the $855 million represents the largest single-year housing investment by any province in Canada.
Today’s announcement includes 202 new rental units to be built in Burnaby as a part of the $500 million commitment made last September.