At their regular meeting on October 20th, Council gave final adoption to the Rental Housing Redevelopment Policy.  

Proposed Changes  

Phase 1 does not represent substantive policy changes. The content of the new Rental Replacement Policy and Tenant Protection Bylaw is similar to that contained in the City’s existing Policy O-61, with refined language to improve clarity of the intent and expectations for developers, staff, and tenants. The current tenant assistance requirements under Policy O-61 align with the new legislative authority for TPBs under the Community Charter, including:  

• Requirements for notices and communication with tenants;  

• Financial compensation; • Relocation assistance; and  

• The right of first refusal to enter into a new tenancy agreement for a rental unit in the new development.  

Transitioning the existing tenant assistance requirements under Policy O-61 from a policy to a regulation in the form of a TPB will strengthen these tenant protection measures and improve the City’s enforcement measures and ability to ensure compliance during the redevelopment process. 

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