How Vancouver is winning the fight against homelessness: by the numbers

Some of the key numbers included in today’s report to Vancouver City Council on Vancouver’s Housing and Homeless Strategy:

  • 52 percent: share of Vancouver residents who rent
  • 39 percent: share of Vancouver renters paying more than 30 percent of income on housing
  • $28 million: estimated annual policing, fire and other costs to Vancouver taxpayers as a result of homelessness;
  • $120 million: estimated Vancouver capital contribution to facilitate 14 new social housing sites;
  • $2,000: estimated monthly cost per person of a shelter space
  • 80 percent: share of homeless with one or more health issues, including addictions, mental illness or other chronic illness
  • 391: number of homeless in Vancouver who found shelter beween 2008 and 2010 (a 47 percent decrease in unsheltered homeless individuals from 811 to 420)
  • 139: increase in the number of homeless, both in shelters and on the street between 2008 and 2010, t0 1715 from 1575
  • 550: number of temporary shelter beds brought onstream in Vancouver since 2008
  • 47: number of permanent shelter beds added since 2008
  • 1,820: number of supportive housing units added since 2008
  • 450: estimated number of supportive housing units needed by 2015
  • $90 million: estimated capital requirement to add 450 units assuming the land is free
  • 1,500: number of new rental units per year needed over next 10 years
  • $36,700: median income of a Vancouver renter
  • $880: the monthly rent for a one-bedroom that a renter at median income can afford
  • $86,000: family income required to buy an east-side condo
  • 347: number of rental units approved under the Short Term Incentive for Rental (STIR) program since 2008
  • 747: number of rental units in the approval process under the STIR program