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Jul 29, 2014 Return to Headlines

Coquitlam Proposes Draft Housing Affordability Framework

by GS GS |

COQUITLAM, BC, Tuesday, July 29, 2014 – The City of Coquitlam is one step closer to a Housing Affordability Strategy following a presentation to Council of a draft policy Framework.

Building on a discussion paper that was presented to Council in January 2013, the draft Framework proposes a vision, four key objectives, 13 policy directions and 46 actions to help address housing affordability in Coquitlam. The draft framework is the policy core of the future strategy and is intended to be a vehicle for stakeholder and public input and discussion.

The proposed vision that ‘The City of Coquitlam works within its capacity and in partnership with others to promote housing affordability for all Coquitlam residents’ will guide the City’s efforts in promoting housing affordability as Coquitlam grows and evolves over the coming decades. Emphasis will be placed on innovative solutions that help residents in all stages of life, as well as create viable housing options for new residents.

The Framework and vision also communicate the importance of partnerships in helping to address housing affordability. The draft Framework acknowledges that the City cannot act alone in this challenging policy area and there is a need for stakeholders and government at all levels to work together to attain affordable housing solutions.

Some of the policy directions in the draft Framework include, for example:

  • Amending land use plans and zoning bylaws to expand the range of housing options.
  • Using the Affordable Housing Reserve Fund and City assets to leverage investment from senior governments, community/non-profit organizations and private partners for the development of new housing affordability projects.
  • Broadening the use of the Affordable Housing Reserve Fund to help create a range of housing affordability solutions, in partnership with others, that benefit Coquitlam residents across the housing continuum.
  • Providing incentives for the development of new market rental units.
  • Using relocation and assistance strategies for the redevelopment of properties with existing rental, co-op and mobile home units.
  • Building strong partnerships between senior government, the development community and non-profit housing providers for the development of new housing affordability projects.
  • Advocating, in collaboration with others, for increased senior government support of local housing affordability initiatives.

Coquitlam’s Housing Affordability Strategy is intended to be broader than just ‘affordable housing’, examining housing affordability overall – whether the community is able to offer 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.

Work has been underway since 2013 to update Coquitlam’s 2007 Affordable Housing Strategy and develop a new Housing Affordablility Strategy. The goal is to create a strategy that reflects local needs, presents innovative and pragmatic ways to address housing affordability challenges in Coquitlam and pursues partnership-based solutions. 

Next steps in the process will be to incorporate Council’s preliminary feedback to refine the Framework, which will be brought back to Council at a later date with a full consultation program.

Following that, the Framework will go through public and stakeholder consultation before being developed into the full Housing Affordability Strategy for Council’s final consideration.

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


Media contact:
Carl Johannsen
Manager, Community Planning