¥

The Community .

= B.C. Central Credit Union is asststing the Foundation with the provistfon
of adninistrative and clerical assistance so that it may have full-time
and on-going facilities,

= The United Church of Canada, the B.C. Federation of Labour and the
Carpenters Local 452 have rechannelled funds from De Cosmos Village
into a second developzent.

- The 12 development fee whitch the restdents ef De Cosmos approved to
Initiate a second develooment will be added.

The Federal Government

Proposed azendments to the N.H.A, Act, BIT) C213 provide real opportunities

for non-profit and co-operative developments both in building and in the
field of rehabilitation.

Speaking on tehaif of the Directors of the Foundation, Shirley Schmid
outlined the reasons behind the creation of the Foundation and the need
for significant Municipal support.

“the cost of a housing lot in the Greater Vancouver area has jumoed
$2,009 and in some cases $3,000 in one yar ~ en 18% increase. The
average industrial wage earner is already hard put to it to Sind
suitable keusing for his femity. Anyone on a limited income is in
trouble now - the situation will get worse. [on-profit and co-
operatively owned housing are an effective way of putting a Tid on
the spiralling costs of at least some of our housing stack, as
exemplified by non-profit senior citizens developments, the
Abbotsford and De Cosmos Village Co-operatives".

+ “The housing we build or initiate wil) have to meet the criteria of
strict rental control or controlled re-sale price. Such housing will
open up and retain within the conunity housing opportunities for those
Row caught in the “housing squeeze",

“The Foundation has already consulted with Nr. William Casson, Ofrector
of the Regional Housing District. Ve are contacting al) Municipalities
requesting their assistance to meet the challenge to lover the cost of
this housing".

"We ask the Municipavities to:

- Establish and set aside now, suitable tand for non-profit and co~
Operative developments.

- Seriousty consider leasing theland for such developments.

~ Mork with the Foundation instead of forcing direct competition
with large developers.

- Advise their Planning Departments that this is a priority".

Please vefer to cur fite member:

Greater Vancouver Regional District
2294 WEST TENTH AVENUE VANCOUVER 9, BRITISH COLUMBIA TELEPHONE 731-1155

1éth Jarmary 1973.

Mr. Re A. Freeman, :
City Clerk,
The Corporation of the City of
Port Coquitlam, .
2272 McAllister Avenue,
Port Coquitlam, 3.C.

Dear Mr. Freeman:

re: United Hous: Foundation.

The above group is a duly incorporated non-profit organ-
ization whose objects are to develop housing for moderate and low
income families.

They have completed one development of 110 town houses in
Champlain Heights in the City of Vancouver. Land was leased for
the project from the City at 9% of 806 of market value, It would

It should not be considered that they are in competition
with the Regional District as 10-15% of units will be made available to
low income families. As the Regional District, on behalf of the
Province, will shortly be making offers on specific parcels of land in
Port Coquitlam, I would be grateful if you would keep me informed of
any land which may be made available to U.H.F. in order to avoid any
duplication of effort.

Yours sincerely,

a

ys A
Jie nk
—
William E. Casson,
Director of Housing.