
New affordable rental housing coming to Port Alberni
The B.C. government is working in partnership to build 114,000 affordable homes that cover the full spectrum of housing needs for British Columbians by 2028.
Budget 2018 included a $7-billion investment in the homes people need. As a result of that investment, more than 23,000 new homes are complete, under construction or in the approvals process for a range of people who are struggling to find a place to live, from people who are experiencing homelessness and seniors on fixed incomes, to middle-income families, students and individuals. As of Dec. 31, 2019, this includes:
Housing for people with middle incomes
The average annual household income qualifying for homes underway is under $99,000 per year:
Housing for people with low to moderate incomes
This includes people residing in social housing (household incomes less than $65,000), as well as those living in affordable market rentals (households with annual incomes up to $74,000) – 9,837 homes:
Affordable market:
- Building BC: Community Housing Fund (30% of units in each project): 1,565 rental homes for people with low to moderate incomes
- Affordable Rental Housing Program: 1,615 homes for people with low to moderate incomes
- Deepening Affordability Fund: 1,976 homes for people with low to moderate incomes
- Regional Housing First Program: 907 homes for people with low to moderate incomes
Social housing or subsidized rents:
- Building BC: Community Housing Fund (50% of units in each project): 2,609 rental homes for people with low incomes
- Building BC: Indigenous Housing Fund: 1,165 homes for Indigenous peoples, on- and off-reserve
Housing for people with very low incomes
Rental housing for people experiencing or at risk of homelessness, or for people with very low incomes (includes supportive housing and shelter-rate housing) – 4,795 homes:
- Rapid Response to Homelessness: 2,012 homes with 24/7 support
- Building BC: Supportive Housing Fund: 1,060 homes with 24/7 support
- Building BC: Women’s Transition Housing Fund: 679 spaces of transition, second-stage and affordable rental housing for women and children leaving violence
- Building BC: Community Housing Fund (20% of units in each project): 1,044 homes
Housing for students – 5,584 homes:
- BC Student Housing Loan Program: 2,699 on-campus student housing units are under construction, in development or in the approvals process
- 2,885 student housing units are also complete, under construction or in development through partnerships with post-secondary institutions
Total: 23,018 homes
Activity Stream
Thu, Apr 15, 2021 at 1:32 pm - David Suzuki posted on their blog: It’s time to stop logging old-growth forests
Tue, Apr 13, 2021 at 9:00 am - Doug Smith posted on their blog: Dewdrop Ridge – Battle Bluff Route
Sat, Apr 10, 2021 at 10:24 pm - Arjun Singh posted on their blog: Late evening musings on one of Kamloops’ Council’s critical responsibilities…
Sat, Apr 10, 2021 at 9:00 am - Doug Smith posted on their blog: Tranquille Hills Hike – Kamloops Trails
Wed, Apr 7, 2021 at 8:30 am - Doug Smith posted on their blog: On the Savona to Sabiston Trail in March
Tue, Apr 6, 2021 at 3:33 pm - David Suzuki posted on their blog: Protecting the planet can prevent pandemics
Sun, Apr 4, 2021 at 8:00 am - Doug Smith posted on their blog: Hiking Rabbit Island in March
Thu, Apr 1, 2021 at 9:00 am - Doug Smith posted on their blog: Siphon Draw to Flatiron Summit
Tue, Mar 30, 2021 at 5:19 pm - David Suzuki posted on their blog: Supreme Court decision puts Canada on right track for carbon pricing
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