DISTRICT OF SQUAMISH
RESOLUTION ADDENDUM

AFFORDABLE HOUSE.

QBJECTIVE

To provide financial assistance to ensure affordable
housing for the poor and the elderly who are on low or
fixed incomes.

ELIGIBILITY

Household income is below the established “income
ceiling" which vary by household size and by areas within
the province.

UNT OF SIDY

INCOME THRESHOLD
HOUSEHOLD SIZE

GEOGRAPHICAL AREA i_ PERSON 2 PERSONS 3-4 PERSONS 5+PERSONS

Squamish $15,000. $18,000. $23,000. $25,000.

(1) Maximum Annual Rental
Value -” 40% 6,000. 7,200. 9,200. 10,0006.

(2) Minimum Annual Rental
Value - 25% 3,750. 4,500. 5,750. 6,250.

(3) Maximum Annual
Subsidy 2,250. 2,700. 3,450. 3,750.

(4) Maximum Monthly
Subsidy 187. 225. 286. 313.