What's Happening Now?
SURVEY NOW CLOSED. Thank you to everyone who participated! An engagement summary will be published once the survey results have been reviewed. The City will also be undertaking additional financial feasibility testing to inform the development of a draft bylaw.
About this Project
The objective of the Rental Tenant Relocation Assistance project is to support tenants at risk of eviction due to the redevelopment of buildings that include four or more rental units. The goal of the project is to develop a policy and/or regulatory framework that supports tenants facing displacement due to redevelopment.
Background
The City has an estimated 108 purpose built rental apartment buildings totaling approximately 4,200 housing units. Many of these rental buildings are in areas that support higher density development through City Plan policies and zoning regulations. Many of these apartments were built between the 1960's and 1970's and are beginning to reach the end of their life cycle. Based on these factors, the City may begin to see redevelopment of the existing rental stock. As a result of redevelopment, displaced tenants may face increased housing costs, lower quality housing, forced relocation, and community displacement.