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.

Just Posted

Man killed in shooting at Abbotsford bank

Police believe incident on Thursday night to be targeted

Online fundraiser to cover funeral costs of motorcyclist killed in collision

Larry Nizio, 37, died after crash with pickup truck Oct. 12 in Abbotsford

ABBY ELECTION HUB: Everything you need to know in one spot

Interviews, Q&As, info on how to vote, stories on the issues and candidate bios all in one place.

Brothers who shot to fame with Jackson 5 song perform in Abbotsford

Melisizwe Brothers have performed on Ellen and America’s Got Talent

Alzheimer Society presents Family Caregiver Series

Program in Abbotsford runs for three Saturdays, starting Oct. 20

B.C. NDP retreats again on empty-home tax for urban areas

Rate reduced for all Canadians, dissident mayors to get annual meeting

Jets score 3 late goals to beat Canucks 4-1

Winnipeg ends three-game Vancouver win streak

Canada not sending anyone to Saudi business summit

Sources insist Ottawa never intended to dispatch a delegation this time around

Two B.C. cannabis dispensaries raided on legalization day

Port Alberni dispensaries ticketed for “unlawful sale” of cannabis

Earthquake early-warning sensors installed off coast of B.C.

The first-of-its kind warning sensors are developed by Ocean Networks Canada

VPD ordered to co-operate with B.C. police watchdog probe

According to the IIO, a court is ordering Vancouver police to co-operate with an investigation into a fatal shooting

B.C. woman looks to reduce stigma surrounding weed-smoking moms

Shannon Chiarenza, a Vancouver mom of two, started weedmama.ca to act as a guide for newcomers to legal cannabis, specifically mothers

B.C. teen gives away tickets to Ellen Degeneres show, plans O Canada welcome

The Grade 9 student wanted to give away tickets in the spirit of inclusivity

Most Read