In 2020, Abbotsford City Council adopted the Affordable Housing Strategy which guides the City’s investment in and decisions about affordable housing in Abbotsford.
The 2016 update to Abbotsford’s OCP set out a vision for a future city of 200,000 people and identifies key aspirations that underpin the overarching vision statement – which reads as follows: Abbotsford is a city of distinct and increasingly complete nieghbourhoods rich with public life. Our compact urban area is anchored by a thriving City Centre and surrounded by remarkable natural areas and flourishing agricultural lands. We are diverse, inclusive and connected. We are green prosperous and healthy. We are a vibrant and beautiful community.
One of these key aspirations is that the City have more affordable ownership, rental, and supported housing including a variety of housing types for all stages of life, allowing people to stay in their neighbourhoods as they age. This aspirational statement sets the direction for specific actions, policies and measures that the City can take with regards to diverse and affordable housing options.
The Affordable Housing Strategy updates identifies potential actions and tasks that could be undertaken by the City and its partners over the next five years, in order to build on current and emerging funding programs from both provincial and federal governments. With substantive changes in capital funding available both through the Province of British Columbia and the Canada Mortgage and Housing Corporation in the last two to three years, a five-year time frame was selected to ensure that Abbotsford remains responsive to potential changes in funding priorities from senior government.
Functionally, the plan provides 2 key Strategy Areas where the City can apply a focus over the next 5 years.