News Flash

City News

Posted on: November 25, 2021

Updated Coquitlam Policy Increases Support for Relocated Tenants

Two women discuss and review a planning brochure at the City of Coquitlam

COQUITLAM, BC, Nov. 25, 2021 – More help is now available for tenants of Coquitlam rental buildings that are being redeveloped. 

Earlier this week, Council approved updates to the City’s 2018 Tenant Relocation Policy to clarify and enhance the support, compensation and information for renters during redevelopment of rental housing. 

The renewed policy brings this work in line with current practice, creating better, clearer expectations for developers by providing consistent rules, criteria and requirements on assistance to be provided to tenants. The revisions to the policy include requirements for increased advance notification, support for moving expenses, and a new Renter Information Package describing policy requirements and compensation in plain language. 

The Renter Information Package was a specific request from Coquitlam City Council to ensure renters have consistent information related to the Tenant Relocation Policy, the development process and tenancy rights. Based on Statistics Canada data on the top languages spoken in Coquitlam, the Renter Information Package will be provided in English, Chinese, Korean and Farsi to improve accessibility.

The policy is part of Coquitlam’s successful Housing Affordability Strategy, which has facilitated thousands of new rental and affordable housing units through incentives and partnerships since 2015. 

New Policy Details

Under Coquitlam’s updated Tenant Relocation Policy, requirements for applicants include: 

  • Early notification and communication – Before submitting a redevelopment application, developers must hold a tenant information session to inform tenants of their plans and the various steps, provide them with the Renter Information Package, and explain the details and timing of the compensation available to them. Although developers are only required to pay compensation once they submit their formal development application, they will be encouraged to work directly with renters wishing to depart pre-application, and report the details and supports they provided. 
  • Financial compensation – The new compensation package at for-profit projects is competitive with other regional municipalities and includes payment for moving expenses. 
  • Help finding other housing options – Development applicants will continue to be encouraged to phase development to retain existing housing as long as possible, or alternately, to provide appropriate resources to help tenants relocate. 
  • Right of first refusal – Existing tenants will continue to have the right of first refusal to move into the new building if the project includes new rental units. 
  • Compliance monitoring and implementation – Developers will need to complete a checklist of specific requirements for their application to be successful.
  • Rental replacement – Applicants will be eligible to receive incentives to replace the former rental units through the City’s Housing Affordability Strategy. These incentives have been highly successful to date and often lead to projects that well exceed the one-to-one replacement requirement.

More information on the policy and the Housing Affordability Strategy is available at www.coquitlam.ca/housing.

Coquitlam as a Regional Housing Leader

Unique in Metro Vancouver, Coquitlam’s Housing Affordability Strategy (HAS) has significantly improved the City’s rental housing landscape. Since the adoption of the HAS in 2015, there are 7,399 new units of purpose-built rental and 1,041 units of below-market and non-market rental in the development process in Coquitlam. 

Through the HAS, the City leverages its role and available tools as a municipality to:

  • Provide developers with density incentives (more units) to create rental units;
  • Secure partnerships with the development sector, senior levels of government and housing providers; and
  • Redirect some developer density bonus fees (paid in exchange for more units) to the Affordable Housing Reserve Fund (AHRF) to support new affordable housing projects.

Over the past five years, the City has granted $9.9 million through the AHRF to support the creation of 378 non-market and below-market rental units. The City has also committed to leasing two parcels of land at a nominal rate to non-profit housing providers in order to create affordable housing. 

About Coquitlam’s Housing Affordability Strategy

Coquitlam’s Housing Affordability Strategy (HAS) was adopted by City Council in December 2015 to broaden the variety of housing types, sizes, prices and ownership in the city. A cornerstone of the Strategy is the Affordable Housing Reserve Fund (AHRF), which acts as the key funding mechanism for affordable housing projects by leveraging a portion of density bonus contributions from development towards potential affordable housing options. Information about the strategy, including AHRF qualification criteria, is available at www.coquitlam.ca/housing

Media contact:
Genevieve Bucher
Director, Community Planning
604-927-3490
gbucher@coquitlam.ca 


Additional Info...
Facebook Twitter Email

Other News in City News

Winter Wise parking restrictions

Now is the Time to Get Winter Wise

Posted on: November 10, 2021
Man shoveling snow from City sidewalk

Snow Angels Return to Coquitlam

Posted on: November 2, 2021
Adult holding plates of food

Coquitlam Celebrates Small Businesses

Posted on: October 19, 2021
Adult and child swimming

Swimmers Welcomed Back to CCAC Oct. 4

Posted on: October 1, 2021
Adult holding plates of food

Coquitlam Launches Business E-Newsletter

Posted on: September 16, 2021
Sports Fair News

Coquitlam Sports Fair Returns Aug. 21

Posted on: August 3, 2021
Galloway Spray Park (1) Newsflash

Coquitlam Re-Opens Cooling Centres

Posted on: July 29, 2021
Galloway Spray Park (1) Newsflash

Beat the Heat and Stay Safe

Posted on: June 25, 2021
Pickleball Newsflash

Try Out Pickleball at Bramble Park

Posted on: June 3, 2021
Paying Taxes

2021 Utility Payments are Due

Posted on: March 23, 2021
Coquitlam - Hickey Park Newsflash 2

Upgraded Courts Reopen at Hickey Park

Posted on: March 29, 2021
Aerial image of Coquitlam's City Centre at night

Coquitlam Named as Smart21 Community

Posted on: March 1, 2021
Cougar - 519x390

Protect Pets from Cougars

Posted on: February 16, 2021
Snow News Flash

Be Prepared for Snow

Posted on: February 12, 2021
Message From the Mayor Image

Message From the Mayor - Feb. 12, 2021

Posted on: February 12, 2021
Family Day 2021

Celebrate Family Day Safely in Coquitlam

Posted on: February 8, 2021
Crystal Falls News Flash

No Public Access on Crystal Falls Trail

Posted on: February 2, 2021
Coyote in the Bush - News Flash Image

Be Coyote Aware

Posted on: January 22, 2021
Message From the Mayor Image

Message From the Mayor - Dec. 24, 2020

Posted on: December 24, 2020
Tree Chipping News Flash

Tree Chipping Events in Coquitlam

Posted on: December 23, 2020
Winter Wise News Flash

Be Prepared for Snow

Posted on: December 22, 2020
Message From the Mayor Image

Message From the Mayor - Dec. 22, 2020

Posted on: December 22, 2020
Message From the Mayor Image

Message From the Mayor - Dec. 11, 2020

Posted on: December 11, 2020
Small Business Week

Coquitlam Celebrates Small Businesses

Posted on: October 19, 2020
Message From the Mayor Image

Message From the Mayor - Oct. 8, 2020

Posted on: October 8, 2020
Coquitlam

Message From the Mayor - Oct. 2, 2020

Posted on: October 2, 2020
Boy in spray park

Spray Pads Open Until Monday in Coquitlam

Posted on: September 30, 2020
Coquitlam

Message From the Mayor - Sept. 25, 2020

Posted on: September 25, 2020
Coquitlam

Message From the Mayor - Sept. 3, 2020

Posted on: September 3, 2020
Coquitlam Crunch

Stay Safe on the Trails in Bear Country

Posted on: September 3, 2020
Coquitlam

Design Your Own 2021 Budget for Coquitlam

Posted on: September 1, 2020
Coquitlam

Help Design the Future Sheffield Park

Posted on: August 28, 2020
Coquitlam

Help Keep Bears Safe

Posted on: August 10, 2020

More New Patios Coming to Coquitlam

Posted on: July 20, 2020

Town Centre Recycling Depot Reopens

Posted on: June 18, 2020
Coquitlam

Notice of Public Hearing - June 15

Posted on: June 15, 2020

Message From the Mayor - Youth Week

Posted on: April 29, 2020

Open Letter to Our Community

Posted on: April 9, 2020

Message from The Mayor - April 2

Posted on: April 2, 2020

Message from the Mayor

Posted on: March 26, 2020
Coquitlam

Notice of Public Hearing - Feb. 24

Posted on: February 12, 2020

2020 Utility Payments are Due

Posted on: February 24, 2020

Celebrate Family Day in Coquitlam

Posted on: February 3, 2020

Heavy Rain in the Forecast

Posted on: January 30, 2020
Coquitlam

Notice of Public Hearing - Jan. 27

Posted on: January 15, 2020
Coquitlam

Be Prepared for Snow

Posted on: January 8, 2020