Rental replacement and anti-displacement bylaws preserve and enhance existing affordable rental housing in the private market.
Anti-displacement policy and rent replacement bylaws ensures 1:1 replacement of affordable rental units in the new development to be offered back to existing tenants at the same rent and number of bedrooms and mandating landlord to cover moving costs and offer temporary accommodation or rent stabilization during the time it takes to renovate/redevelop the property. In the absence of rental replacement bylaws, the existing NOAH properties are at risk.
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