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City Council - October 7, 2024 - Minutes - City of Richmond, BC

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R24/17-10 It was moved and seconded That staff investigate the propriety of establishing a Richmond Housing Authority and report back with an initial report within three months. The question on the referral motion was not called as discussion ensued regarding the functions of the City’s Housing Office and the existing Affordable Housing Strategy. Direction was given for the referral to include researching similar housing authorities in other municipalities, engaging with stakeholders including non-profit housing providers, assessing the potential financial and administrative impacts, and identifying locations and partnerships. Further discussion ensued regarding (i) background and rationale to explore the creation of a Richmond Municipal Housing Authority, (ii) Vancity Community Foundation, and (iii) other municipal housing authorities, such as the City of Burnaby (attached to and forming part of these minutes as Schedule 1). In response to a query from Council, staff advised that multiple policy review and analysis items are ongoing and an initial report can be brought back in approximately three months. The question on Resolution R24/17-10 was then called and it was CARRIED

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