This news release introduces the bylaw put into motion by select council members to enforce a moratorium on conversions of SRO units for other uses, resulting in heavy fines for the developers of such units. “This motion is in response to our failure to live up to our Olympic commitments,” that were not being sufficiently addressed by the mayor, says one city councillor. However, by the time the bylaw comes into place, hundreds of units (at least 350) have already been lost. Is the city doing enough to protect its own citizens? Should the city have not acted in a more timely manner given the fact that these types of conversions would have been easy to predict? Who has the city been protecting – the citizens of Vancouver or the developers of Olympic properties?
2006-09-30 - The Georgia Straight -Vision Vancouver Calls for Bans on SRO Demolitions
