Through the Housing Affordability Strategy, Coquitlam's goal is to work with partners from the non-profit, private and public sectors to ensure that a wide variety of housing types, sizes, tenures and prices can be offered in Coquitlam in the years to come.
Housing affordability refers to a community’s ability to offer a wide variety of housing types, sizes, tenures and prices to support more complete and inclusive communities.
Housing affordability is a challenge in Coquitlam, not unlike other communities in Metro Vancouver. While the market meets the needs of many people, a growing number of residents have difficulty securing suitable housing that is affordable relative to their household’s income.
The City’s vision is to work within its capacity and in partnership with others to promote housing affordability for all Coquitlam residents.
The City of Coquitlam plays an important role in housing affordability and supporting affordable housing development by:
The City’s mandate and resources to address housing affordability are limited without partnerships and funding from other governments.
The City’s Housing Needs Report (PDF) was completed in 2022 using the most current Census data to identify key housing issues, trends, and gaps in supply and demand.
The Housing Needs Report informs the City’s housing actions including, policies, programs and initiatives to support a more complete and inclusive community.
The 2022 report was updated with Census 2021 data in early 2023. The next comprehensive update is planned for 2028 in line with the 2026 Census release.
In Spring 2024 the City completed an Interim Housing Needs Report Update (PDF) as required under new provincial housing legislation.
This update builds on the foundational work completed in the City’s 2022 Housing Needs Report (above) and will guide housing policies and land use planning in Coquitlam until the next comprehensive update.
The 2024 interim report update serves as an addendum to the previous report and incorporates new provincially mandated components, including standardized housing projections for the City over five- and 20-year periods (by 2026 and 2041).
In August 2025, the City received a Housing Target Order from the Province. The Order is in effect over a period of five years from September 1st, 2025 to August 31st, 2030. Over this period, the City is required to build 6,481 units and to submit annual progress reports to the Province.
The Housing Affordability Strategy (PDF) provides a vision, objectives, policy directions and specific actions to address housing affordability in Coquitlam. Policy direction in the Strategy allows the City to work within its municipal role and mandate, while leveraging strong partnerships with the development sector and other governments.
A Housing Affordability Strategy Companion Document (PDF) captures key learnings from the Housing Affordability Strategy process, recognizing that this may inform and enable solutions as the document evolves.
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As part of implementing the Housing Affordable Strategy, the City of Coquitlam supports the delivery of affordable and non-market housing through several key policies and tools, including:
The City’s Affordable Housing Reserve Fund (PDF) is an important financial tool that promotes housing affordability through grant funding used to support non-market housing.
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The Priority Review Policy for Non-Profit Housing (PDF) supports eligible non-profit housing projects through faster application processing, a dedicated project facilitator, enhanced applicant support, and certain fee waivers to help improve project viability and meet funding timelines.
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Coquitlam’s Housing Affordability Strategy and Housing Needs Report highlight the importance of purpose-built rental housing in Coquitlam. The City has policies and incentives to help develop and retain rental housing to advance housing affordability and address housing needs in Coquitlam. For more information please visit the Rental Housing webpage.
As part of implementing the Housing Affordability Strategy, the City has a Tenant Relocation Policy that applies to property developers acquiring existing rental housing sites (multifamily, co-op, non-market, minimum of five units), with the intention of redeveloping.
Securing safe, affordable housing is a challenge for some Coquitlam residents. While the City does not build or operate housing, Coquitlam does work in partnership with other organizations that are providing housing supports and resources in Coquitlam.