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

Port McNeill Cannabis Committee stumbles out of the gate

“I’m worried we could just be all over the map and I need to see a plan.”

Port Alice’s new RCMP officers going through clearance process

The medical process can take several months to complete as there are several steps involved.

East Zeballos placed under evacuation alert as “out of control” wildfire approaches homes

BC Wildfire Service says rolling debris on steep terrain poses danger to firefighters

B.C. declares state of emergency as more than 560 wildfires rage

This is only the fourth state of emergency ever issued during a fire season

Port Hardy Fire Rescue knocks down wildland fire

PHFR members responded to the scene, located the fire, and contained it to the immediate area.

Happy birthday Boler: An anniversary gathering of the cutest campers in Winnipeg

Hundreds of the unique trailers in Winnipeg to celebrate the 50th anniversary of the Manitoba invention

Woodpecker goes out with a bang, starts grassfire in B.C.

Untimely death of woodpecker causes power outage in Cawston

Communities on evacuation alert in many areas of B.C. as wildfires flare

Warning was issued for 583-square-kilometre blaze that has charred Fraser Lake to Fort St. James

Kelowna’s crying judge refuses to pull herself from case

Judge Monica McParland won’t pull herself off of case.

Complaint coming about cattle prod use at B.C. rodeo

Fair reps investigate after Vancouver Humane Society pics show shocking device at bullriding event

PHOTOS: B.C. city wakes up to darkness under wildfire smoke

The rest of the province also dealing with thick haze as smoky skies continue

Publication ban lifted on details about Fredericton shooting that killed 4

Judge lifts publication ban on court documents related to the Fredericton shooting

Kim XO is Black Press Media’s fashionista

Starting Sept. 7, stylist Kim XO will host Fashion Fridays on the Life channel on Black Press Media

RCMP cleared after woman fatally overdoses on fentanyl

Charges not recommended after IIO says woman appears to have brought fentanyl into her cell

Most Read