Establishing a Housing Priorities Grant Program

staff propose a launch date of January 27, 2025, suppmied by promotion via social media, the City's website, and direct outreach to the development community, NPOs and Cooperatives. The application process will provide opp01iunities for applicants to advise on any additional funding needs beyond the scope of the Grant Program that would support affordable housing delivery. One potential avenue for expanding the Grants Program is to assist NPOs in acquiring new affordable rental housing from the private market, as well as converting new market rental or strata housing into affordable rental housing. Staff will update Council six months, or sooner, after the launch

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