Deeply Affordable: 23; Rent Geared to Income: 58; Moderate Income: 35
The Sunshine Housing Co-operative at 10744 133 St in Surrey needed to be relocated due to land lease expiration. The Community Land Trust, a social purpose real estate developer that focuses on co-op housing, is working with the housing co-operative on its redevelopment, which is possible through a partnership with the City of Surrey that is providing a long-term lease on a nearby parcel of land. The location maintains the co-op’s central location close Simon Fraser University (Surrey Campus), schools, parks and a Skytrain station. The redevelopment increases the size of the co-op, enabling 30 additional members to join the co-op. Units will be first offered to the current residents of the Sunshine Housing Co-operative, while the remaining will be offered to those that meet the criteria for obtaining affordable housing. Half of the units will be directed to families.
Profile Maps Last Updated: July 2, 2024
Notes:
**Priority Population(s): These are described for projects that explicitly fill some or all units with people who are part of a specific demographic that faces unique needs related to housing insecurity.
**Green Building Standard: This is described for projects that are designed according to a green building certification such as LEED (Gold/Platinum), Built Green (Gold/Platinum), and Passive House.
**Affordability Definitions:
Deeply Affordable – A home that is affordable to people on a very limited income, such income assistance, disability assistance, and income support programs for seniors.
Rent Geared to Income – A home that is available to people with modest incomes. Rent is calculated to be affordable based on the tenant’s income.
Moderate Income – A home that is available for a monthly rent that is equal to the low-end of rents available in the private market. Also referred to as ‘Middle Income’ and ‘Affordable Market’.
