Since the Rental Incentive Program was introduced in 2017, the City has facilitated the completion of 937 secured rental units, with nearly a quarter of all units provided as non-market and/or below-market units.
The Tenant Relocation Policy applies to property developers acquiring existing rental housing sites (multifamily, co-op, non-market, minimum five units) with the intention of redeveloping.
The Tenant Relocation Policy was updated in 2021 to bring policy in line with current practice. It offers clearer expectations for developers, providing consistent rules, criteria and tenant assistance requirements including the provision that developers must prepare Tenant Relocation and Assistance Strategies. Policy revisions include, requirements for increased advance notification, support for moving expenses and a new Renter Information Package.
The City also adopted the Mobile Home Park Redevelopment Tenant Assistance Policy to address tenant displacement due to rezoning and redevelopment of mobile home parks. The policy is intended to help tenants with the opportunity for greater notification and assistance from development proponents than what is required under the Manufactured Park Home Tenancy Act.
Coquitlam Renter Information Package
The Renter Information Package provides information to tenants of market rental buildings that are being redeveloped. In plain language, the Package summarizes the process and what tenants are entitled to under the provincial Residential Tenancy Act and the City of Coquitlam’s Tenant Relocation Policy.