Rental Housing Initiatives Underway
The City of New Westminster is developing new policies and programs to help address the need for affordable rental housing, the risk of renovictions and the maintenance of existing purpose-built rental buildings. The Rental Housing Revitalization Initiative has led to the development of the Rental Housing Revitalization Program and the Rental Replacement Policy. The Inclusionary Housing Policy has been developed in tandem with these rental initiatives.
- Rental Housing Revitalization Program
Discourages renovictions and promotes the maintenance of purpose-built rental buildings. The Rental Housing Revitalization Program would include actions to dis-incent renovictions and incent the maintenance of purpose-built rental buildings through:
- Revitalization tax exemption for securing, maintaining and revitalizing of existing rental units
- Business licensing requirements to prohibit renovictions.
The Business Regulations and Licensing (Rental Units) Amendment Bylaw No. 8085 was adopted by Council on February 4, 2019.
Click here to view a copy of Bylaw No. 8085, 2019.
Click here to view answers to FAQs.
- Rental Replacement Policy (Draft)
Applies to all existing purpose-built market rental housing sites where redevelopment will remove more than 6 rental units. Applicants seeking rezoning are expected to provide 100% of the secure market rental units including 10% of total units secured as below-market rental units.
A draft Rental Replacement Policy was considered by the Council on January 14, 2019. Click here to view the Draft Rental Replacement Policy.
- Inclusionary Housing Policy (Draft)
Applies to mid-rise and highrise strata residential development applications. Applicants may choose from the following options:
- Option 1 – provision of a minimum of 10% of total units as below-market rental units with payment to the developer based on the rental income option;
- Option 2 - provision of a minimum of 7.5% of total units as non-market rental Back to Agenda units with no payment to the developer; or
- Option 3 – provision of a minimum of 20% of total units as non-market rental units (to be negotiated), with a contribution to the developer to assist in construction costs.
A draft Inclusionary Housing Policy was considered by Council on Dec 10, 2018. Click here to access the Draft Inclusionary Housing Policy.
How to Get Involved
February to March 2019 - Public and Stakeholder Consultation
- February 5, 2019 - Workshop with rental housing advocates and non-profit housing providers
- February 26, 2019 - Workshop with UDI Local Liaison Committee
- March 5, 2019 - Workshop with rental building owners and Landlord BC
- March 12, 2019 - Public Open House in the City Hall Foyer from 6:00 to 8:00 PM
- March to May 2019 – Online Survey
Council Report December 10, 2018 – Draft Inclusionary Housing Policy for Rezoning Application Negotiations
Council Report August 27, 2018 - Rental Replacement Policy and Inclusionary Housing Policy: Next Steps and Timeline
Council Report January 8, 2018 - Rental Replacement Policy and Inclusionary Housing Policy: Proposed Work Plan and Consultation Process