18.5.2 ‘RENT BANKS’

WHEREAS it is known that renters may be able to pay their monthly rent, but may find an unexpected expense would stretch their budget, and

WHEREAS renters are facing a shortage of choices to select housing, and may be facing eviction as a result of a temporary crisis in their lives, and

WHEREAS renters may find a one-time payment such as a down payment or damage deposit may be difficult to save for, as many families are living paycheque to paycheque and

WHEREAS renters facing a sudden health crisis or a decrease in workshifts, causing a sudden inability to pay rent on time,

THEREFORE BE IT RESOLVED that the National Pensioners Federation urge the Federal government to work with provincial and municipal governments to set up “Rent Banks” for renters in crisis.

Submitted by COSCO of B C