HOUSING AGREEMENT (AFFORDABLE HOUSING) BYLAW NO. 10437 TO SECURE 156 AFFORDABLE HOUSING UNITS, HOUSING AGREEMENT (MARKET RENTAL HOUSING) BYLAW NO. 10438 TO SECURE 120 MARKET RENTAL HOUSING UNITS, AND HOUSING AGREEMENT (MARKET RENTAL HOUSING) BYLAW NO. 10439 TO SECURE 17 MARKET RENTAL HOUSING UNITS IN PHASE 1 AND PHASE 2 OF THE PROPOSED DEVELOPMENT LOCATED AT 8671, 8731, 8771, 8831/8851 CAMBIE ROAD, 8791 CAMBIE ROAD/3600 SEXSMITH ROAD, AND 3480, 3500, 3520, 3540/3560 SEXSMITH ROAD

Affordable Housing The 156 LEMR units in the first phase of the development comprise 10% of the development's total residential floor area, excluding the floor area allocated to market rental housing units. The 156 units will be managed by a qualified non-profit organization and will be located in a six-storey standalone building. The applicant has executed a preliminary memorandum of understanding with S.U.C.C.E.S.S., an experienced non-profit housing provider, which plans to acquire and operate the 156 LEMR units. The proposed unit mix exceeds the Affordable Housing Strategy's family-friendly unit mix requirements by providing 29% of all LEMR units as two-bedroom units and 21 % as three-bedroom units, as shown in Table 2. The proposed unit mix also exceeds the requirements of the Affordable Housing Strategy in proposing that 100% of the units are constructed with Basic Universal Housing (BUH) features.

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