Rental accommodation is hard to find in many B.C. communities. (Flickr)

Seniors, families focus of B.C. rental housing fund

Target of 14,000 new non-profit units over the next 10 years

Premier John Horgan parcelled out a $1.89 billion share of the B.C. government’s decade-long housing plan Wednesday, to assist municipalities and non-profits to add 14,000 new rental units around the province.

The provincial agency B.C. Housing is issuing requests for proposals to identify partners, including co-ops, to develop mixed income rental projects. The priority will be low- and middle-income seniors and families who need larger rental accommodations, Horgan said.

The new community housing fund will require participating agencies and municipalities to provide 50 per cent of units for households with incomes ranging from $21,000 to $95,000, depending on the community and the size of the unit. Rents for those units will be based on the Canada Mortgage and Housing Corporation definition of affordability, which is at or below 30 per cent of household income.

Another 20 per cent are to be designated to low income, including those receiving income assistance, with incomes of $15,000 to $30,000.

That leaves 30 per cent of units for households with “moderate incomes,” defined as up to $71,200 for homes with fewer than two bedrooms and up to $104,000 for homes with two or more bedrooms.

The NDP government’s total housing commitment in its February budget is $7 billion. Housing Minister Selina Robinson said other segments to be announced will focus on aboriginal housing and options for women leaving abusive relationships.

The housing fund aims to meet the B.C. NDP’s 2017 election commitment to provide 114,000 new residential units in 10 years. The government’s initial investment last fall was for modular housing units deployed to municipalities with tent camps and temporary shelters.

BC legislaturerental market

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

‘Someone knows something’: a look into Vancouver Island missing persons with interactive map

There are more than three dozen people listed as missing throughout Vancouver Island

Summer program helps Greater Victoria teens sharpen writing skills

Registration for the program runs until Aug. 17

Saanich bylaw sparks EV charging infrastructure requirements in new builds

All new developments to be EV-charger compatible starting Sept. 1

Langford cuts red tape, engages in random acts of kindness to uplift spirits

‘I Am Langford’ campaign promotes supporting local

Provincial COVID-19 data can now be used for B.C. to prepare for a second wave

In the past week, B.C. has seen a slight spike in daily test-positive case counts

QUIZ: Are you ready for a summer road trip?

How much do you really know about roads, motor vehicles and car culture? Take this quiz to find out.

Genetic detectives begin work to trace spread of COVID-19 in Canada

The kinds of genetic technology being used for this project did not exist when SARS hit Canada in 2003

B.C. Ferries increasing passenger capacity after COVID-19 restrictions

Transport Canada 50-per-cent limit being phased out, no current plans to provide masks

Shellfish industry get funds to clean up at Island sites and beyond

Businesses can apply to cover half of costs to clean up so-called ‘ghost gear’

Amber Alert for two Quebec girls cancelled after bodies found

Romy Carpentier, 6, Norah Carpentier, 11, and their father, Martin Carpentier, missing since Wednesday

B.C. man prepares to be first to receive double-hand transplant in Canada

After the surgery, transplant patients face a long recovery

Grocers appear before MPs to explain decision to cut pandemic pay

Executives from three of Canada’s largest grocery chains have defended their decision to end temporary wage increases

Bringing support to Indigenous students and communities, while fulfilling a dream

Mitacs is a nonprofit organization that operates research and training programs

RCMP ‘disappointed’ by talk that race a factor in quiet Rideau Hall arrest

Corey Hurren, who is from Manitoba, is facing 22 charges

Most Read