Vancouver Approves Motion To Explore Building Co-Op Housing On City-Owned Land

Vancouver City Council approved a motion to partner with non-profits to utilize City-owned land for building more co-op housing. Co-op housing allows residents to own the building cooperatively, leading to lower housing charges. The focus is on renewing existing co-ops and creating new ones, with a particular emphasis on the False Creek South area. The initiative aims to expand affordable housing options in Vancouver.