By 2045, the population of Vancouver, Washington, is expected to grow by more than 80,000 new residents — a roughly 40% increase.
According to Vancouver’s 2025 Housing Report, the city will need to develop 2,500 new units a year to meet housing demand. But the city is falling well short of that goal for both market-rate and affordable housing projects, as OPB recently reported.
City officials point to a range of factors for the slowdown. That includes rising construction costs, high interest rates, the ongoing effects of tariffs and the difficulty of accessing state funds to develop multifamily, affordable housing units…