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Construction has begun on a new 103-unit Indigenous social housing project on Vancouver's Downtown Eastside.

Construction Begins on Vancouver Indigenous Housing Project

Construction has begun on a new 103-unit Indigenous social housing project on Vancouver’s Downtown Eastside.

Ottawa, the B.C. government, City of Vancouver and First United are investing $64 million in the First United development at 320 East Hastings Street, officials announced Monday. The 11-storey mixed-use building will include 35 supportive housing units, another 68 rental homes prioritized for Indigenous residents and social services and programs, among other amenities.

The three levels of government and First United Church are partnering with B.C.’s Aboriginal Housing Management Association and Lu’ma Native Housing Society on the project.

Federal funds are coming through the Canada Mortgage and Housing Corporation, which will provide $5.15 million from its National Housing Co-Investment Fund. The province will provide $24.4 million through B.C. Housing, including its Indigenous and supportive housing funds.

First United will supply $24.4 million in land costs and equity, while the city will provide $6.73 million in funding and municipal waivers.

Construction is slated to be complete in late 2025.


Inside The Story

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About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

  • ◦Development
  • ◦Financing
  • ◦Policy/Gov't
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