Types of Affordable HousingA community should include an appropriate mix of housing choice for a diversity of households. The housing continuum is a useful framework that identifies this spectrum of choices including homeownership and rental, as well as government supported housing such as shelter, transitional, and non-market housing.
Units as of March, 2016
There are a variety of types of affordable housing in Richmond that help to support the diverse needs of residents. Please see the links below for contact information and how to apply.
Please note: The City of Richmond does not own or manage any of the affordable housing units in Richmond.
Transitional and Supportive Housing
Transitional housing includes the provision of support services, in which residents may stay temporarily. Please visit BC Housing for more information about transitional and supportive housing available in Metro Vancouver.
Non-Market (Subsidized) Rental
There are non-market rental units created outside of City policy. Eligibility requirements and rents vary between the different developments, which are owned by organizations such as BC Housing and other non-profit societies. For more information on non-market rental units throughout Richmond, see the Housing & Care Guide, including contact information for each housing development.
The BC Housing Registry is a centralized waitlist for subsidized rental housing in BC for families, seniors, persons with disabilities, singles/couples, and individuals who are Aboriginal. To learn how to apply, please visit BC Housing.
Through the Affordable Housing Strategy, the City has secured 477 units of subsidized (non-market) housing. To learn more about these units, click here (link to Housing projects page
A housing co-operative is a non-profit organization whose members collectively own and manage a multi-family development. Co-ops often include some subsidized units, whose tenants pay a rent of 30% their household income on housing costs.
There are 17 housing co-operatives located in Richmond, click on the link for more information.
There are currently 31 group homes in Richmond. Group homes provide short and long-term living arrangements, affordable and safe housing, skills training, peer support and counseling, and an opportunity for people in need to live independently.
Low-End Market Rental (LEMR)
In exchange for a density bonus, new market residential developments that contain more than 80 units are required to dedicate a minimum 5% of their total residential floor space as LEMR units. These units have maximum rent and household income thresholds, which may be adjusted annually subject to Council approval. Eligible tenants must provide proof of income annually. The current thresholds (adopted by Council in March 2013) are:
|Unit Type||Minimum Unit Sizes||Maximum Monthly Rent||Total Household Annual Income|
|$850||$38,500 or less
|$950||$42,500 or less
|Two bedroom||80 m2 (860ft2)||$1,162
||$52,000 or less
||$64,500 or less
BC Housing provides rental assistance through two programs to make market rents more affordable to low-income households:
1. Working families with children
For eligibility criteria and the application process, visit BC Housing