While it’s important to increase the stock of purpose-built rental buildings in the city, it’s also important for those buildings to be well managed.
Karen Sawatzky, a life-long renter and chair of the City of Vancouver Renters Advisory Committee, made that point May 3 during a press conference at Emerald Terrace in the West End. LandlordBC organized the event to highlight the Certified Rental Building program. Launched in 2015 in B.C., the program, which also exists in Ontario, aims to give renters confidence a building is well run. It’s geared towards larger landlords with apartment buildings of 20 or more units. (Another quality assurance program called the Landlord Registry targets smaller landlords in the secondary market)
Sawatzky spoke in support of the CRB program alongside LandlordBC CEO David Hutniak, Vancouver-West End MLA Spencer Chandra Herbert and Paul Sander, director of Hollyburn Properties, an early adopter of the program. Hollyburn recently completed certification on four more of its rental buildings. Now, Hollyburn has certified 49 buildings, representing 3,272 units.
Read the full article by Naoibh O’Connor / Vancouver Courier