City Council - July 28, 2025 - Minutes - City of Richmond, BC

( 1 ) That the proposed grant allocations for the Housing Priorities Grant Program, as outlined in the report titled “Housing Priorities Grant Program Allocation”, dated June 25, 2025, from the Director, Housing, be approved, and that the following amounts be awarded: ( a ) Sun Valley Rental Ltd.– $1,764,000 ( b ) 1166225 B.C. Ltd. – $1,003,000 ( c ) Aashyn No. 3 Road Development Ltd.– $108,000 ( d ) Richmond Kiwanis Senior Citizens Housing Society – $2,320,000 ( e ) BC Indigenous Housing Society – $4,160,000 ( 2 ) That the Chief Administrative Officer and Deputy Chief Administrative Officer be authorized to negotiate and execute two Non-Profit Organization Stream 1A Grant Funding contribution agreements as set out in the grant allocation for the Housing Priorities Grant Program, and to negotiate and execute any amendments thereto and ancillary agreements; ( 3 ) That Development Cost Charges Waiver for Affordable Housing (6071 Azure Road) Bylaw No. 10695 be introduced and given first, second, and third readings; ( 4 ) That Development Cost Charges Waiver for Affordable Housing (8880 Cook Road) Bylaw No. 10696 be introduced and given first, second, and third readings; and ( 5 ) That Development Cost Charges Waiver for Affordable Housing (9000 No 3 Road) Bylaw No. 10697 be introduced and given first, second, and third readings. ADOPTED ON CONSENT

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