FAQs
What is workforce housing?
Workforce housing is defined as housing that is affordable for working individuals or families. It is generally understood that workforce housing targets those earning 60% to 120% of the median household income of an area. For Cowichan, that means households earning between $47,700 and $95,400 per year (based on Census 2021 data).
How is workforce housing different from affordable housing?
Affordable housing is generally understood to mean housing that costs no more than 30% of gross household income. Workforce housing is a type of affordable housing specifically geared towards those in the workforce.