Housing Agreement Amendment Application by BC Housing and Polygon for Talistar Development at 3468 Ketcheson Court

Increasing the income thresholds may mean that households earning more than the City's LEMR income thresholds are able to gain access to homes with rents lower than those set out in the LEMR Program. Accordingly, the agreement requires the NPO operator to only tenant the units to households with gross incomes below BC Housing's Household Income Limits (HILs) within the first 12 months following building occupancy and within three months of any tenant turnover. Table 3 also recognizes BC Housing's 2025 HILs, applicable to 2026 tenancies.

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