Establishing a Housing Priorities Grant Program
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Staff propose two main funding streams for the allocation ofHAF funding, outlined below.
Affordable rental housing has rents, or in the case of housing cooperatives "housing charges", that
generally do not exceed the maximums established within the City's Low-End Market Rental
(LEMR) program or, where BC Housing's Household Income Limits (HILs) are used, housing for
which annual rents do not exceed 30 per cent of the HIL. All eligible applications will be brought
forward for Council consideration.
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