B.C., Ottawa sign nearly $1-billion housing agreement

10-year deal will help build and repair social and low-income homes

Families scrambling for housing in B.C. could soon have an easier time finding affordable homes, following a $990-million bilateral agreement signed by the province and Ottawa Tuesday.

The 10-year agreement, which begins next April, will “protect, renew and expand social and community housing, and will support the priorities related to housing repair, construction, and affordability” outline in the province’s Homes for B.C. plan.

The 30-point plan was outlined by provincial finance minister Carol James in February.

A provincial spokesperson said that the $990 million will be cost shared 50-50 between the two levels of government and will preserve close to 35,000 social housing and community housing units in B.C. for people with low-moderate incomes.

The funds will also expand the number of rent-assisted units.

The province said it will be developing “three-year action plans” starting in 2019-2020 to establish “mutually agreed targets>.”

Neither B.C. nor Ottawa have released a copy of the bilateral agreement.

Thom Armstrong, the executive director for the Co-operative Housing Federation of BC, called the money an “unparalleled commitment” to housing in the province.

“Knowing that there is stable, ongoing funding for the next decade will allow our sectors to move forward on improving existing housing and pursuing innovative partnerships to create thousands of new homes,” Armstrong added.


@katslepian

katya.slepian@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

City crews rip out landscaping at Chilliwack park over-run with drug use

Homeless man says revamping the park will only put vulnerable people at further risk of overdose

Lower Mainland cools down as heat wave lifts

Environment Canada predicts temperatures in the mid to low 20s

Fraser Health launches new drug-use support team to curb overdoses

Nearly 200 people have been killed by illicit drug overdoses in the region so far in 2018

Chilliwack Senior Peer Counsellors try to up the karats on locals’ golden years

With almost two decades as a counsellor, Helene Long has helped hundreds of Chilliwack’s seniors

Accused in 2017 downtown Chilliwack murder set for preliminary inquiry in two weeks

Court appearance on July 17 to shorten length of hearing for Kirkland Russell and Victoria Purcell

Trudeau asks transport minister to tackle Greyhound’s western pullout

Prime Minister Justin Trudeau says he’s asked Transport Minister Marc Garneau to find solutions in Greyhound Canada’s absence.

More than $10,000 in Bitcoin paid in Richmond ransom scam

RCMP say victim transferred cash to Bitcoin ATM after being told partner had been abducted

Hells Angels celebrating 35th anniversary party on Vancouver Island

Additional police resources will be in Nanaimo this weekend as roughly 300 members and hang arounds are expected

New campaign aims to tide food waste at home

About 2.2 million tonnes of edible food is discarded in Canada every year

B.C. couple reunited with dog three years after disappearance

A purebred Pomeranian is back with his parents, likely after years in a puppy mill.

BC Nurses Union calls for decriminalization of opioids

BCNU president wants the federal government to do more to reduce preventable deaths

UPDATED: Divers search for missing swimmer at Buntzen Lake near Coquitlam

A 19-year-old man was reported missing at 4:30 p.m Tuesday

5 to start your day

Campfire ban comes into effect, Rich Coleman backs away from Surrey mayorship and more

Kitten OK after being rescued from underground pipe in B.C.

An adventurous feline has been rescued after getting trapped in an underground pipe in Kamloops, B.C.

Most Read