Gabriola LTC Regular Meeting Addendum

Extracted text (beginning)

Gabriola Island Local Trust Committee
 
Regular Meeting Addendum
 
Date:November 26, 2020
Time:10:30 am
Location:Electronic Meeting
Pages
7.APPLICATIONS AND REFERRALS
11:45 AM - 12:45 PM
7.1.GB-RZ-2020.1 - Gabriola Housing Society - Staff Report
7.1.1.Letter dated November 23, 2020 from Gabriola Housing Society (GHS)
2 - 5
 
11.
NEW BUSINESS
1:40 PM - 2:00 PM
11.3.
2020 Forest Conservation Outreach Campaign Completion - Briefing for information
6 - 13
islandsTrust

 
 
 
November 23, 2020 
 
Hello Gabriola Local Trust Committee – 
 
REQUEST: 
On behalf of the Gabriola Housing Society (GHS), I urge you to make the following decisions at the LTC meeting 
on November 26, 2020: 
1. Give First (or First and Second) Reading for proposed Bylaw 308 (Housing Agreement) as presented. 
2. Request a copy of the approved provincial water licence for the water supply intended to support the 
proposed development prior to adoption of the proposed Bylaws 306 & 307 instead of prior to the Public 
Hearing, an alternate proposed by IT staff. 
3. Proceed with the Community Information Meeting & Public Hearing on December 10, 2020 for proposed 
Bylaws 306 and 307. 
 
REASONS: 
1. Reading of proposed Housing Agreement:  
The November 26, 2020 Staff Report states: “At this time, legal counsel has advised staff to present the draft 
housing agreement to the LTC to determine whether the LTC is willing to accept the draft housing agreement 
as it is presented, or to revise it. Further revisions to the draft housing agreement would involve further 
discussions with legal counsel.” (November 26, 2020 agenda package, p.28) 
We believe that stating a specific number of Affordable Market Units in the Housing Agreement could 
prevent GHS from being chosen by certain funders.  In the current COVID-19 context for the BC 
government, there is no guarantee of securing funding for all 24 units in the Paisley Place project from the 
2021 BC Housing Community Housing Fund (CHF).  It is possible GHS will need other funders as well (such as 
CMHC), who have somewhat different models of income mix. These funders will be contributing millions of 
dollars to the project and have province-wide or nation-wide criteria that have to be followed. To happen 
at all, the Paisley Place project needs reasonably broad parameters regarding the Affordable Market homes 
in the Housing Agreement.  
In addition, when finalizing the Housing Agreement, should a specific maximum number or percentage of 
Affordable Market Units be added to the Housing Agreement, then any such change can be directed by the 
LTC and occur after 1
st
 and 2
nd
 Reading and before or after the Public Hearing.
 
Note that the current BC Housing CHF model is 20% Deep Subsidy homes (fixed rents based on low-
income programs), 50% Rent-Geared-to-Income homes (fixed rents at 30% of income using Housing 
Income Limits) and 30% Affordable Market homes (rents start at 30% of income, then increase annually). 
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