Market Rental Housing Projects - as of April 30, 2019
Below Market / Non-Market Rental Housing Projects - as of April 30, 2019
1358 Coast Meridian Rd. (RFEI)
Further to a Request for Expressions of Interest (RFEI) process, the City of Coquitlam selected Habitat for Humanity of Greater Vancouver as the successful proponent to build affordable housing on City-owned land at 1358 Coast Meridian Rd. The units will provide an opportunity for affordable home ownership for modest income families who are currently renting and would normally not qualify for a traditional mortgage. In January 2019, the City announced a formal Memorandum of Understanding with Habitat to move this project forward.
For information on this project, please contact Habitat for Humanity Greater Vancouver.
1226 Johnson St. (Under Construction)
In July 2017, Council voted to grant $177,545 from the City's Affordable Housing Reserve Fund towards 14 below-market (subsidized) rental units in a new 67-unit rental building for seniors in partnership with the Finnish Canadian Rest Home Association at 1226 Johnson St.
For information on this project, please contact the Finnish Canadian Rest Home Association.
Talitha Koum Society (Under Renovation)
In July 2017, Council approved a $600,000 grant from the Affordable Housing Reserve Fund to the Talitha Koum Society to jointly purchase a home (which will then be leased back to Talitha Koum at no charge) to provide transitional housing to women with addictions and their children. The house is expected to open in early 2018 after renovations are completed.
For information on this project, please contact the Talitha Koum Society.
520 Como Lake Ave. (Under Construction)
In July 2014, Council approved a rezoning and development permit at 520 Como Lake Avenue and density transfer from 528 Como Lake Avenue. The proposed development included a 26-storey market apartment building and a 3-storey, 7 unit, non-market family housing townhouse building. The non-market townhomes will be managed by the adjoining YWCA facility at 528 Como Lake Avenue. In addition to the new non-market housing, the project will include a new indoor amenity space adjacent to the townhouses for the YWCA that will be shared between the existing units at 528 Como Lake Avenue and the new units.
For information on this project, please contact YWCA Metro Vancouver.