Vancouver authorities are determined to resolve affordability crisis on the local housing market by exploiting 250-square-foot modular housing units, Global News reports on Tuesday.
On the 24th of October, the city Mayor Gregor Roberston visited one of these living spaces, as he toured a display unit established by Horizon North, who will construct a three-storey, 40-unit modular housing complex at a city lot near Main Street and Terminal Avenue.
According to Gregor Roberston, modular housing will meet the demand of homeless and low-income people in Vancouver. The tenants are expected to pay about $800 monthly, but people with fixed incomes will be subsidized with their rent payment as low as $400 per months.
The idea of the project is that that modular housing will not be permanent, what would allow turnover of low-income residents.