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The City of Coquitlam reported in their Housing Affordability Discussion Paper, January 2013, that while since 1991 average rent in Coquitlam has risen 89% and average dwelling value 200%, the median household income has increased only 23%.
According to the Vancouver Sun, May 10th, 2013, in “Inner” Metro Vancouver, which includes the Tri-Cities, less than 60% of working households can afford to purchase a re-sale wood frame condo, the cheapest ownership housing option, while less than 50% can afford a new concrete condo.
Since 2007, the Tri-Cities Bridge Shelter has been operating nightly from 10 PM – 7 AM during the period November 1st – March 31st. The program is operated by the Hope For Freedom Society using host church facilities in the Tri-Cities on a rotating basis. Homeless persons are picked up at designated muster points in the Tri-Cities and bused to the shelter location, which has a capacity of 30 mats. Shelter patrons are provided with supper, breakfast and a bag lunch, dry clothes if necessary and a warm, safe place to sleep. The Bridge Shelter will be replaced with a permanent full-service, year-round emergency shelter in October 2015.