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Housing Agreement Amendment Application for 9291 Alexandra Road/9288 TOMICKI AVENUE (formerly 9251 Alexandra Road)

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Specifically, the amendment would set permitted rent rates at 10 per cent below CMHC average market rents applicable to the City of Richmond, and income thresholds would be set at the point at which annual rents reflect 30 per cent of the gross (before-tax) household income. • The amendment bylaw includes a provision to allow the LEMR owner to charge tenants for parking in accordance with Council Policy 5475. Current rates for vehicle parking outside Transit-Oriented Areas per the Policy are fixed at a maximum of $75.00 per month, with no adjustments allowed.

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