Port Moody
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ABCDE
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Port Moody
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CANDIDATES FOR MAYOR
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Running for Mayor
Commitment to 3% vacancy target and how to get there:
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Mike ClayYesIncreasing the supply of rentals, looking at options for rental zoning or other protections from speculative value increases, working with province to get below market housing grants.
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CANDIDATES FOR COUNCIL
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Running for Council
Commitment to 3% vacancy target and how to get there:
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Sagheer A. Jan (aka: Sager Jan)YesEncourage landlords to rent their basements with lowering of property taxes. 2- Build more rental properties. Municipalities should encourage rental properties with reduce property taxes by 2 or 3% for incentives to land lords. The program should be a government one. Also, people who want to rent their basements should not be penalized by categorizing the house as having an illegal suit.
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Tasha Faye EvansYesPrioritizing rental-only development. Requiring that existing rental units be replaced as such. Creating rental-only zoning.
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Hunter MadsenYes1) Set specific targets for building new local rental units and manage development to hit them. E.g., MetroVan 2040 study suggests that 500 units representing 25% (!) of new housing in Port Moody should be built by 2026, and we should aim for that high target in our developer negotiations and incentives. 2) Inclusionary zoning for rental (especially in areas slated for major redevelopment). 3) Long-term housing agreements that prevent or delay strata conversion, and rental-replacement requirements so that we get no net loss of rental housing as new construction accelerates. 4) Stabilize land and housing prices by supporting provincial efforts to stop housing speculation. 5) Push for building forms with lower construction costs (e.g. wood-frame mid-rise buildings) and offer developer incentives (such a fee waivers, parking requirement relaxation...) to build rentals. 6) Encourage rent-to-own programs that help young people get into the ownership market gradually.
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