As mentioned in previous updates, on January 13th, Council directed staff to continue to apply Tenant Relocation Policy CO-84 to all new development applications, not received by the City as of July 22, 2024 (date of adoption).  

Additional information can be found in the  Council motion, and  Tenant Relocation Policy CO-84. 

August 1st, 2024

At their meeting on July 22nd, Council approved the proposed updates to the Tenant Relocation Plans Policy which includes updated tenant compensation and relocation requirements.  

The updated compensation levels, for non-vulnerable tenants, are as follows: 

Compensation for vulnerable tenants that may need to relocate to market housing have also been increased: 

All new applications are now subject to the updated tenant relocation plans policy (CO-84). In-stream applications will continue to adhere to the previous tenant relocation policy (CO-81). 

Additional information can be found in the full report by City staff.