HOUSING AGREEMENT (AFFORDABLE HOUSING) BYLAW NO. 10437 TO SECURE 156 AFFORDABLE HOUSING UNITS, HOUSING AGREEMENT (MARKET RENTAL HOUSING) BYLAW NO. 10438 TO SECURE 120 MARKET RENTAL HOUSING UNITS, AND HOUSING AGREEMENT (MARKET RENTAL HOUSING) BYLAW NO. 10439 TO SECURE 17 MARKET RENTAL HOUSING UNITS IN PHASE 1 AND PHASE 2 OF THE PROPOSED DEVELOPMENT LOCATED AT 8671, 8731, 8771, 8831/8851 CAMBIE ROAD, 8791 CAMBIE ROAD/3600 SEXSMITH ROAD, AND 3480, 3500, 3520, 3540/3560 SEXSMITH ROAD

The purpose of this report is to recommend that City Council adopt Housing Agreement Bylaw No. 10437 to secure 156 Low-End Market Rental (LEMR) affordable housing units, Housing Agreement Bylaw No. 10438 to secure 120 market rental housing units, and Housing Agreement Bylaw No. 10439 to secure 17 market rental units in Phase 1 and Phase 2 of the proposed development located at 8671, 8731, 8771, 8831/8851 Cambie Road, 8791 Cambie Road/3600 Sexsmith Road, and 3480, 3500, 3520, 3540/3560 Sexsmith Road (Attachments 1 and 2). An additional 17 market rental units will be secured by future housing agreements in each of Phase 3 and Phase 4 of the development, once the associated Development Permit applications are brought forward, for a grand total of 156 LEMR units and 171 market rental units. The applicant, Polygon Homes, has applied to the City for Development Permit DP 22-015851 and Development Pennit DP 22-017484 for the first two phases of a four-phase development project. The Development Pennit associated with the project's first phase, DP 22-015851, is to develop two six-storey mid-rise towers comprised of 100% rental housing - one stand-alone affordable housing building with 156 LEMR units and one stand-alone market rental building with 120 market rental units. The Development Permit associated with the project's second phase, DP 22-017484, is to develop a residential high-rise building including 17 market rental units. The LEMR and market rental units in each of the three buildings will be secured in perpetuity by three separate Housing Agreements.

非商业公共资料研究与事实报道；仅展示核对事实所需的已评估摘录及本站中文说明。版权归原作者或发布机构；不表示来源机构认可本站。原文、来源及使用条款见链接。 来源使用条款 ↗