Online Accommodation Platform Fund
Motion
That Council allocate the Online Accommodation Platform revenue in 2026 as follows: 1. $35,000 for continued support to the Nanaimo Region Rent Bank; 2. $150,000 for continued support to the rent supplement programs; and 3. $116,415 to acquisition of land and/or infrastructure/land improvements for affordable housing developments related to BC Housing and City of Nanaimo partnerships.
Sources
Agenda itemCity agenda, whole meeting
Staff reportPage 1
Purpose
To provide the Finance and Audit Committee with a recommendation for the allocation of Online Accommodation Platform revenue in 2026.
Staff recommendation
That the Finance and Audit Committee recommend that Council allocate the Online Accommodation Platform revenue in 2026 as follows: 1. $35,000 for continued support to the Nanaimo Region Rent Bank; 2. $150,000 for continued support to the rent supplement programs; and 3. $116,415 to acquisition of land and/or infrastructure/land improvements for affordable housing developments related to BC Housing and City of Nanaimo partnerships.
DocumentsStaff report about Economic Development, Housing