Rental Housing
Given the trend of rising housing costs in Metro Vancouver, we are committed to maintaining an affordable and diverse housing market. Renting in Port Moody is more affordable than owning a home. However, it is still expensive for many residents. We have put a series of tenant policies in place to help protect renters from increased costs and displacement.
Port Moody tenant protection and relocation policies
Are you a potential developer, landlord or tenant in Port Moody? Review our tenant protection and relocation policies.
- Rental Protection Policy – discourages the removal of affordable and sub-market rental housing in Port Moody. This policy promotes the replacement of existing rental units with those of a similar form, size, and number.
- Tenant Relocation Assistance Policy – lays out the City’s guidelines around notification, financial compensation, and relocation should a tenant be displaced. The City requires a Relocation Coordinator to assist tenants with finding new housing if they are displaced as a result of the redevelopment of an existing rental unit.
- Strata Conversion Policy – states that Council must consider the priority of rental accommodation over privately-owned housing in the area.
- Regulations for Market Rental Apartment Businesses (Renoviction Bylaw) – updates the City’s Business Licensing and Regulation Bylaw to discourage potential renovictions where tenants are evicted from market rental dwelling units under the guise of renovations for the purpose of increasing rents. More information on the bylaw amendment can be found in the Report to Council.
BC tenant protection
The Government of BC also has a series of guidelines and resources to help protect the rights of tenants in the province. This includes laws surrounding rental and leasing agreements.
You can also visit the Tenant Resources and Advisory Centre (TRAC) website for information on better understanding tenant-landlord law in British Columbia. TRAC is a non-profit organization that provides free legal education, representation, and advocacy on residential tenancy matters in BC.
Tenant services
BC Housing offers external supports and resources to tenants at risk of losing their tenancy and/or looking for rental housing, including:
- A list of non-market rental buildings and co-ops available to those in need. Individuals can apply via the Housing Registry.
- Rental subsidy programs: Rental Assistance Program (RAP) and Shelter Aid For Elderly Renters (SAFER) for low-income seniors (60+ years old). Individuals can apply via the website.
- BC211 is a non-profit society that connects people to community, health and government resources for help, where and when they need it.