2014

Oct 07, 2014 Return to Headlines

Coquitlam to Consult on Draft Framework for Housing Affordability Strategy

by GS GS |

COQUITLAM, BC, Monday, October 6, 2014 – Partners, stakeholders and members of the public will soon have an opportunity to provide feedback on Coquitlam’s draft framework for an updated Housing Affordability Strategy. 

Following a report to Council in July, 2014, City staff incorporated Council feedback in the draft Framework, which will form the foundation of Coquitlam’s new Housing Affordability Strategy. The City is now proceeding with next steps, which includes formal consultation.

Some of the key stakeholders will include: BC Housing, Canada Mortgage and Housing Corporation, local developers, non-profit housing providers, the Tri-Cities Homelessness and Housing Task Group, community organizations and the public.

It is anticipated that a public open house will be held in late 2014.

Feedback received through public and stakeholder consultation will help ensure that the Framework responds to the needs of local stakeholders and helps to clarify roles and to solicit support of external partners. 

Feeback will also be incorporated into the Framework which, once adopted formally by Council, will become the Housing Affordability Strategy that will guide housing affordability actions in Coquitlam in the coming years. 

The goals of the proposed Framework – and ultimately the new Housing Affordablility Strategy – are to reflect local needs, to present innovative and pragmatic ways to address housing affordability challenges in Coquitlam and to pursue partnership-based solutions – all while working within the scope of municipal government roles and responsibilities.

The draft strategy is organized around a straightforward approach with four key objectives that form policy cornerstones:

  • fostering market innovation, 
  • a more flexible affordable housing fund, 
  • a focus on all aspects of affordable living and 
  • building strong partnerships that are critical to creating effective solutions.

Coquitlam’s Housing Affordability Strategy is intended to be broader than just ‘affordable housing’ and will examine housing affordability overall – to achieve a community that offers  a wide variety of housing types, sizes, tenures, special needs and prices across the housing continuum in order to support more complete, diverse and inclusive neighbourhoods.

For more information, or to read the complete draft Framework document, visit www.coquitlam.ca/housing.

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For more information, contact:
Jim McIntyre
General Manager, Planning and Development
604-927-3401