VIDEO: How far does $765,000 go to address B.C.’s affordable housing crisis?
Cowichan residents head to the polls to vote on a housing referendum this October.
As the housing crisis creeps into communities across B.C., all levels of government are trying to find ways to keep their neighbourhoods affordable. In this video, The Discourse Breaks down the Cowichan Valley’s upcoming municipal referendum on affordable housing:
We aim to be transparent about our reporting and the sources we use. So here are the data and sources behind the video:
On the housing referendum
The Cowichan Valley Regional District landing page with reports, resources, FAQ and referenda info, and the proposed bylaw.
On the housing situation in Cowichan Valley
Cowichan Valley Regional District housing indicators report from April 2014 that looks at affordability, market housing and non-market housing.
Vancouver Island Real Estate Board report published in September 2018:“Duncan reported a benchmark price of $470,400, up 11 per cent from September 2017.”
The Cowichan Housing Association proposal for a CVRD Affordable Housing Contribution Service published in January 2018.
On provincial and federal funding
The Canadian Mortgage and Housing Corporation’s announcement for funding in Victoria, BC in May 2018, and its information on the Affordable Housing Innovation Fund.
The B.C. government’s announcement for affordable housing funding in April 2018.United Way’s backgrounder on the Cowichan Valley affordable housing proposed bylaw change