B.C. Municipal Affairs and Housing Minister Selina Robinson (Black Press Media files)

B.C. to invest $492 million in affordable homes

72 new projects are part of a 10-year, $1.9-billion strategy

Thousands more seniors and families will soon have a place to live following a nearly half-billion-dollar government investment in 72 new affordable housing projects.

About 4,900 units will be built in 42 communities across B.C. as part of the province’s 10-year Community Housing Fund.

READ MORE: Seniors, families focus of B.C. rental housing fund

Premier John Horgan and Housing Minister Selina Robinson made the announcement standing in front of Vancouver’s Chelsea Gardens, which will get $10.2 million for 102 homes for individuals, families and seniors.

“The project will include a mix of rent levels, including deep subsidy units for people with low income, like seniors on fixed income,” Robinson said.

Housing is also coming for low- to moderate-income families, such as people who work in the retail or service sector, she added, as well as for middle-income people like nurses, teachers and first responders.

Vancouver will see 10 projects and 1,101 homes, while Victoria will get five projects and 588 homes.

Jill Atkey, the CEO for the BC Non-Profit Housing Association, said it’s important that Tuesday’s announcement is part of the long-term strategy to build 14,000 homes over 10 years.

“Spending more than you can afford on rent is the new normal,” Atkey said.

“One-third of British Columbians are renters and almost half of them are spending more than half of their income on rent, and almost one-in-five are spending more than 60 per cent of their income on rent.”

List of newly-approved housing projects in B.C. by Kat Slepian on Scribd


@katslepian

katya.slepian@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

It’s the last day to vote in B.C.’s referendum on electoral reform

Ballots must now be dropped off in person to meet the deadline of 4:30 p.m.

Grand Forks bantam team takes Nelson tournament

The team dominated the competition with some outstanding displays of skill and technique.

Donate to the Grand Forks and District Public Library

The library is undertaking significant washroom renovations.

Christina Lake 3D mural gets an update

The Welcome Centre mural will be officially unveiled next week.

B.C. government announces $2.9 million in business recovery for Grand Forks

The fund will allocate up to $18,500 per business affected by May’s flooding.

VIDEO: This B.C. school leads country in vaccine donations to UNICEF

Federally funded Kids Boost Immunity uses quizzes to earn vaccinations

Boeser scores 3, Pettersson has 5 points as Canucks hammer Blues

Vancouver picks up impressive 6-1 win in St. Louis

B.C. police stop drunk driver who offered up burger instead of ID

Roadblock checks over the weekend found at least two other impaired drivers

In Canada, the term ‘nationalism’ doesn’t seem to have a bad rap. Here’s why

Data suggest that Canadians don’t see the concept of nationalism the way people do in the United States

Small quake recorded west of Vancouver Island

No injuries or tsunami warning after 5.4 rumble felt some 400 kilometres from Victoria

B.C. suspends Chinese portion of Asian forestry trade mission due to Huawei arrest

Huawei’s chief financial officer Meng Wanzhou was detained at the request of U.S. in Vancouver

Canadians spent $1.7 billion dollars online in December 2017

Online retail sales accounted for 3.4 per cent of total retail sales

2-year investigations nets $900,000 in refunds for payday loan customers

Consumer Protection BC says selling practices were ‘aggressive and deceptive’

New Kootenay East Regional Hospital District Board elected

Redeveloping East Kootenay Regional Hospital in Cranbrook a priority for new hospital district board

Most Read