• Wentworth-June.jpg
  • Woodfibre-LNG.jpg
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • About Us
  • Advertise
  • Send Story Ideas & Tips
  • Contact
  • News Alerts
The Squamish Reporter

The Squamish Reporter

Follow us

Local News from Squamish and Sea to Sky Region

Tuesday June 24, 2025 Your gateway to the Sea to Sky corridor
  • Home
  • Squamish
  • Sea to Sky
  • BC/Canada
  • Life
  • Support Us
  • Fortis-June.jpg
  • Westwinds-Canada-2023.jpg

55 affordable rentals, 140 market rentals at Highway 99 development

https://www.squamishreporter.com/wp-content/uploads/2022/06/affordable-rentals.jpg
Staff report
June 3, 2022 2:15pm

The District of Squamish will sign a housing agreement for 55 affordable market rental units and 140 market rental units at the Sea and Sky Development.

At a council meeting on June 7, District staff will present Housing Agreement Bylaws for the proposed rental housing units in two apartment buildings located at Waterfront Landing.

The developer agreed to construct rental housing and provide the following:

55 affordable rental units to be maintained as affordable rental housing in perpetuity, unless otherwise agreed by the District. Of the 55 affordable rentals, 20 will be one-bedroom units, 15 will be 2-bedroom units, and 20 will be three-bedroom units.

50 market rental housing units to be maintained in perpetuity, unless otherwise agreed by the District,

90 market rental housing units in building for a minimum of 25 years.

The permitted rents in the affordable housing units will be based on Gross Median Household Income for the most recent taxation year applicable at the time of the tenancy agreement. For the 2019 taxation year, the range of rents would be $1,913 for a two-bedroom unit and $2,391 for a three-bedroom unit.

The above rents are what would be charged today if the units were available for occupancy. However, when the units are available for occupancy in 2023, new income data will be available, and the resulting rents will be updated accordingly, according to a staff report.

Share

Share

[addtoany]

We need more women in politics: John French

Squamish RCMP reminds people to be vigilant about bike thefts

Police search for trio suspected of setting fires in Whistler

https://www.squamishreporter.com/wp-content/uploads/2023/10/Nesters-Sean-Jordan.jpg

Reader Interactions

Comments

  1. Y says

    June 3, 2022 at 3:24 pm

    In what universe is 2000 + considered affordable rent? Is Squamish only for the wealthy now? Affordable rent is 30% of income.

  2. Jade says

    June 5, 2022 at 12:00 pm

    So families can’t live in Squamish…. Families need 3 bedrooms and that’s not affordable for a family

    • Mark Caulton says

      June 5, 2022 at 5:02 pm

      Agreed. That’s why I now live in Nova Scotia!

Primary Sidebar

  • Arta-Medical-ad-VERITICAL.jpg
  • JB-Autocare_400-x-600-px.jpg

Footer

  • About Us
  • Advertise
  • Privacy
  • Terms & Conditions
Top Copyright ©2020 The Squamish Reporter. All Rights Reserved squamish reporter logo
 

Loading Comments...