The City of Vancouver's proposed increase would see some zones' density bonus rates increase nearly 60%. realestate realestatenews density
Somewhat less common than CACs, or at least less discussed, Density Bonus Contributions also go towards funding infrastructure improvements and public amenities in the city. For Density Bonus Contributions that are collected from projects within a community plan, the contribution is typically allocated to the public benefits strategy as identified in that community plan.that the City carve out an exemption for secured market rental housing within Joyce-Collingwood RM-10N zones.
All of the above recommendations will be brought to Council on April 11. If approved, the refined exemptions and definitions would be effected immediately, while the new density bonus rates would come into effect on September 30.Howard is a Staff Writer at STOREYS. He is based in Vancouver, British Columbia, and has also written about media for One Zero and international politics for WhoWhatWhy. Before STOREYS, he was also the Deputy Editor of 604 Now.
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