End of rent eviction ban – August 31, 2020
Information for Renters, Landlords and Communities
The SHARE Rent Bank provides financial assistance to residents of Coquitlam, Port Moody, Port Coquitlam, Anmore and Belcarra in the form of a repayable loan, to households at risk of eviction or having their hydro turned off for reasons such as non-payment of rent or utilities. The SHARE Rent Bank can also help by providing a loan for the damage deposit on more affordable housing.
One of the key criteria for qualifying for a rent bank loan is that the applicant can demonstrate their capacity to repay the loan. The SHARE Rent Bank is NOT able to provide grants to help tenants pay for their housing or utilities.
Some tenants may be challenged to pay their full rent on September 1, 2020. If you have the means to pay a loan back in coming months, the SHARE Rent Bank may be able to help if you are a Tri-cities resident (Coquitlam, Port Moody, Port Coquitlam, Anmore, Belcarra).
If you are an existing rent bank client the SHARE Rent Bank will continue to work with you. If you have fallen further behind in paying rent during the pandemic, your initial rent bank loan may no longer be serving you as a means of maintaining your housing stability. Please reach out to us to see if we can help.
If you have not yet established a repayment plan with your landlord for your unpaid rent or utilities in the pandemic, we encourage you to work with your landlord as your first step on that repayment plan.
If you do not qualify for a rent bank loan, please visit the BC Housing’s website for more information on rental assistance options that may be available to you.
For more information on whether you qualify for a rent bank loan, please contact the SHARE Rent Bank at 604-529-5146 or email: email@example.com