RICHMOND ZONING BYLAW 8500, AMENDMENT BYLAW 10454 (RZ 21-941625)

LEMR and Market Rental Housing Requirements: Prior to final adoption of the rezoning bylaw, registration of a Housing Agreement, Market Rental Agreement, and Housing Covenants on Title is required to secure the following conditions in perpetuity for the LEMR units and market rental units: • LEMR units are required to achieve occupancy prior to any other buildings or uses in the proposed development. • The residential use of the 18 LEMR units and 13 market rental units is restricted to residential rental tenure. • Age-related occupancy restrictions are prohibited. • Single ownership of the LEMR units is maintained (within a single airspace parcel or strata lot). This also applies to the market rental units in each building. • Occupants will enjoy full use of all indoor residential amenity spaces, all outdoor residential amenity spaces, parking, bicycle storage, and related features, at no additional charge to the occupants.

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