Vancouver misses housing goals: ‘Report Card’ gives A+ for privatization and deregulation of housing

This week the City has released a Report Card evaluating its progress on housing and homelessness. The Report Card gives an A+ to Vision councillors, praised by the Mayor for “exceeding all of the City’s short-term targets.” A brief look at the report confirms that the city is on track to continue the privatization and deregulation of Vancouver’s affordable housing.

Vancouver critics like David Eby have long challenged the practice of police investigating police. The multi-million dollar public relations effort of bodies like BC Housing and the City of Vancouver, however, has not faced the same level of criticism. Like a police force that exonerates itself after an internal investigation, Vision Vancouver is issuing its own “Report Card” in order to escape unscathed from five years of a failed housing and homelessness strategy.

“Public outrage” causes city to postpone $10,000 fine for homelessness

Public backlash yesterday against the City’s plan to increase fines on homelessness and street-vending to $10,000 caused the Mayor’s office to pull the item from the agenda just before the 6pm public hearing time.

According to statements made last night by Vision city councillors Geoff Meggs, Raymond Louie, and Andrea Reimer, the party has decided to postpone a decision on the matter — not because they are opposed to the high fines, but out of legal obligations in response to ongoing constitutional challenges against the City in court.

The stated reason for the postponement was that the PIVOT Legal Society has launched a court challenge against the existing $2,000 fines for homelessness. The court challenge did not arise at the last minute, however, and has been ongoing since November of last year. Councillors were in full knowledge of this legal challenge (and others), as well as the impacts of the legislation on the poor and on civil liberties, when on November 28 2012 they approved the new fines in principle and asked the city’s lawyers to draft the bylaws, to be voted upon after yesterday’s public hearing. The impacts of the proposed bylaws were also discussed in recent newspaper articles, including one in the Straight on January 9th entitled “Higher fines could hit Vancouver’s homeless hard.” Nevertheless, Vision felt the new bylaws were ready to come to a vote, and made no attempt to incorporate exceptions into the bylaws for homeless people or those who cannot afford $10,000 fines.

BC Housing subsidizes Pantages Condo project

Should BC Housing subsidize a Downtown Eastside (DTES) condo developer when our neighbourhood has 850 homeless people and 3500 living in crummy hotel rooms that need to be replaced? Is Condo King Bob Rennie, also on the Board of BC Housing, behind a sweet deal that will probably increase property values two blocks away from his own office?

These are two questions that shocked Downtown Eastsiders are asking after learning that BC Housing plans to loan up to $23 million to condo developer Marc Williams. Williams plans to build 79 condo units plus 18 social housing units (only 9 will rent at welfare rates) at the site of the old Pantages Theatre, 138 E. Hastings. He calls the project Sequel 138. According to The Province, the loans will be at 1.29 % interest, much lower than the going rate from a bank.

Financial Crisis and Tax Evasion: Unpacking Vancouver’s Rent Bank

The Streetohome Foundation has officially launched its new Rent Bank program with a $366,000 three-year loan from Streetohome board member Frank Giustra of the Radcliffe Foundation. Smaller administrative costs totalling $49,000 per year will be paid by the City, although the program itself will be administered by the non-profit Inner-City Community Services Society.

One-time loans from the rent bank will average $835 and can reach up to a maximum of $1300 for an individual, with a repayment plan spanning up to two years. To qualify, tenants perform an assessment either online or over the phone. Tenants are issued a loan if the rent bank judges that they can afford the repayment plan, and if the tenant agrees in advance to repay the loan through automatic withdrawals on their bank account.

Both the rent bank policy and the Streetohome organization were born under previous NPA and COPE municipal governments. The City’s 2005 Homeless Action Plan, drafted under COPE’s last term in office (2002 – 2005), called for the rent bank to disburse both loans and grants to low-income renters in short-term crisis. The current version is less ambitious and removes the grant option, following instead the path set out under NPA’s pro-business term (2005 – 2008). The NPA formed Streetohome in an effort to incentivize the real-estate sector to solve homelessness through philanthropy and charity.