Rising construction costs, inflation and delays have made it harder than ever for non-profits to build affordable housing. After a delay of a year and four months, a 91-unit project in Surrey ballooned from $36.6 to $57.5 million. Christopher Cheung reports. Christopher reports on urban issues for The Tyee. Published Thursday, Aug. 31, 2023. 

https://thetyee.ca/News/2023/08/31/Affordable-Housing-Unaffordable-Build/

Rising construction costs, inflation and delays have made it harder than ever for non-profits to build affordable housing. After a delay of a year and four months, a 91-unit project in Surrey ballooned from $36.6 to $57.5 million. Christopher Cheung reports. Christopher reports on urban issues for The Tyee. Published Thursday, Aug. 31, 2023. https://thetyee.ca/News/2023/08/31/Affordable-Housing-Unaffordable-Build/

Affordable Housing Has Become Unaffordable to Build

We’re an independent, online news magazine from B.C. founded in 2003. We’re devoted to fact-driven stories, reporting and analysis that informs and enlivens our democratic conversation. This podcast features our stories, read by AI narration.


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We are reader-supported so if you like what you hear, you can go to https://support.thetyee.ca/ and contribute to our hard-hitting journalism.

News

We’re an independent, online news magazine from B.C. founded in 2003. We’re devoted to fact-driven stories, reporting and analysis that informs and enlivens our democratic conversation. This podcast features our stories, read by AI narration. Our reporting has changed laws, started movements and garnered numerous awards. While some journalism gives the last word to power, we try to give the last word to ordinary folks. We are reader-supported so if you like what you hear, you can go to https://support.thetyee.ca/ and contribute to our hard-hitting journalism.

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Affordable Housing Has Become Unaffordable to Build

Affordable Housing Has Become Unaffordable to Build