City approves tenant relocation and rental stock protection policies

The City of Delta has approved two new policies, the Tenant Relocation Policy and the Rental Stock Protection Policy, that will become part of the city's Housing Action Plan. The Tenant Relocation Policy is meant to reduce the impacts faced by existing tenants of rental buildings undergoing redevelopment. The Rental Stock Protection Policy is designed to protect against the net loss of purpose-built rental units due to redevelopment. The policies will apply to sites that have existing rental developments with five or more units. These policies are in line with other cities in Metro Vancouver and will help protect existing tenants as Delta expands its housing stock and builds more rental units

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