DocumentsBylawSep 5, 2023Page 68
BYLAW NO. 2145 — City of Langford Housing Agreement (1361 & 1371 Goldstream Avenue), Bylaw No. 2145, 2023
Bylaw relating to a housing agreement for properties at 1361 & 1371 Goldstream Avenue, presented for readings (first, second and third).
Key facts
- Title: City of Langford Housing Agreement (1361 & 1371 Goldstream Avenue), Bylaw No. 2145, 2023
- Listed for FIRST, SECOND AND THIRD READINGS on the agenda (item 12.4)
- Background report noted as attached on the agenda
BYLAW NO. 2145 — City of Langford Housing Agreement (1361 & 1371 Goldstream Avenue), Bylaw No. 2145, 2023
Staff Report to Council
DATE: Tuesday, September 5, 2023
DEPARTMENT: Planning
SUBJECT: Bylaw No. 2145 - 1361 and 1371 Goldstream Housing Agreement
BACKGROUND
On January 10, 2022, Council adopted Bylaw No. 2013 to authorize the registration of a housing agreement for the property at 1365 Goldstream Ave (which has since been readdressed to 1361 and 1371 Goldstream Ave).
This Housing Agreement requires 30% of the units within the buildings constructed on the property to be sold within the City’s Attainable Home Ownership Program (“the Program”), which amounts to a total of 37 attainable units. It was subsequently agreed that these 37 units would be allocated as follows:
Table 1 – Current Attainable Unit Requirements
| Building | 1-bedroom units | 2-bedroom units | Total |
|---|---|---|---|
| Building A – 1361 Goldstream Ave | 6 | 2 | 8 |
| Building B – 1371 Goldstream Ave | 24 | 5 | 29 |
| Total | 30 | 7 | 37 |
Since this time, the developer has obtained building permits for both buildings, with Building A (1361 Goldstream Ave) expected to achieve occupancy in December 2023/January 2024 and Building B (1371 Goldstream) following closely behind in the spring 2024.
Pre-sales for the Attainable Units in Building A opened at the end of June.
Document Images
(1)