Do You Qualify?
OVERVIEW
All adult tenants must be capable of living independently, which includes maintaining their personal health and well-being in a self-contained living unit, fulfilling tenancy obligations, keeping their units tidy and clean, and maintaining appropriate relations with neighbours. Life Cycle does not provide any support services.
Pets are welcome. Tenants may have one of: a cat, a small dog, up to 3 small caged animals, or a small fish tank and no other pets are permitted. Pets must be disclosed and approved before the tenancy agreement is signed. Tenants must pick up all pet waste.
OTHER
The factors listed below determine whether or not you are eligible to live at our properties.
1. Residency
Applicants and tenants at all LCH properties must permanently live in British Columbia, and must also be Canadian citizens, refugees or persons otherwise lawfully admitted to Canada.
Provided other requirements are met, Life Cycle gives preference to residents of the City of Powell River and the qathet Regional District electoral areas.
2. Household SIZE
Families are defined as households with a minimum of two (2) people, including at least one dependent child. Families may not live in a one-bedroom apartment.
Seniors are defined as one individual age 55 or older OR a couple where at least one person is age 55 or older. Seniors are only eligible for a one-bedroom apartment
Persons with disabilities are adults with a permanent, physical disability who are able to live independently. They must also qualify for a disability pension or be eligible for the disability tax credit.
3. ASSETS & INCOME
You are not eligible to live at our properties if total assets or income of all adults living in the household exceed the amounts listed below.
Assets Limits: $100,000
Income Limits:
$77,000 per year for applicants needing a one bedroom unit
$89,500 per year for applicants needing a two bedroom unit
$98,000 per year for applicants needing a 3 bedroom
These limits are set by BC Housing to ensure eligibility for housing assistance is targeted to those with the most financial need within the community. Yes, it is complicated but there is help:
For more information about Proof of Income & Assets see https://www.bchousing.org/publications/Proof-Income-Assets-Guide.pdf
To learn more about how income eligibility is calculated, contact the Housing Registry (operated by BC Housing) 1-800 257-7756
