HOUSING AGREEMENT (AFFORDABLE HOUSING) BYLAW NO. 10569, AND HOUSING AGREEMENT (MARKET RENTAL HOUSING) BYLAW NO. 10570 TO PERMIT THE CITY OF RICHMOND TO SECURE LOW-END MARKET RENTAL (LEMR) UNITS, AND MARKET RENTAL UNITS AT 5300 NO. 3 ROAD

The Housing Agreement will protect tenants from any age-based occupancy restrictions, limits on access to common indoor and outdoor amenity spaces, and the imposition of additional fees including parking fees, strata fees, amenity fees and move-in/ move-out fees. The owner will not be able to charge fees for the use of any parking stalls dedicated to the affordable housing units unless explicitly permitted by way of Council-endorsed policy.

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