Low income households will be defined as households with an income below 50% of the median income and low to moderate income households refers to households with incomes between 50% and 80% of the median income.

Priority for fund contribution will be allocated to projects that include:

• Support services, particularly services focused on building the capacity of individuals to improve their housing situation, in order to facilitate the movement of households up the housing continuum;
• Accessible and/or adaptable features.
• Coquitlam residents must receive priority placement.
• Projects targeting senior citizens must be designed with adaptable features.
• Withdrawals from the AHRF will not exceed 50% of the balance of the Fund
• Use of the funding will be considered on an ongoing basis in order to utilize funding and partnership opportunities as they arise. Projects must demonstrate partnership between senior levels of government, non-market housing providers, and private industry. Projects must demonstrate confirmed sources of primary capital and operating funding.
• Applicants must demonstrate a solid record of housing development and management and must provide financial statements and records for review.
• A list of community stakeholders interested in the potential use of these funds will be established.
• Where opportunities arise for use of the funds, notification will be sent to these groups.
• A competitive Request for Proposals process will be used to determine fund allocation.