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

Student activists, City talk climate change

Kevin Marshall, Energy Manager with the City of Cranbrook, met organizers of… Continue reading

Kootenay-Columbia incumbent MP responds to Trudeau brownface scandal

Stetski proud of NDP leader Singh’s reaction, which focused on people not power

Liberals’ Kootenay-Columbia candidate stands by Trudeau despite scandal

Robin Goldsbury says the prime minister’s racist photo is a learning opportunity

RCMP seize large amount of copper wire

Cranbrook RCMP has seized an extensive amount of stolen copper wire and… Continue reading

Signed Babe Ruth baseball surfaces in Wasa

Owner waiting authentication of 1943 baseball

VIDEO: B.C. man accused of assaulting sex worker loses temper in interrogation

Defence lawyer says statements made by accused Curtis Sagmoen should be deemed inadmissible

B.C. man guilty of first-degree murder in Yukon killing

Edward James Penner, 22, was given the mandatory life sentence for the 2017 slaying of 25-year-old Adam Cormack

Victoria man spots online photo of his totem pole 11 years after it was stolen

Mark Trueman restored the pole himself before it was stolen off of his property in Duncan

‘I’d do it again,’ says B.C. man who swam naked, drunk in Toronto shark tank

David Weaver, of Nelson, was drunk when he went to Ripley’s Aquarium in Toronto on Oct. 12 2018

How to react to Trudeau’s racist photos? With humility, B.C. prof says

‘We are now treating racism as a crime that you cannot recover from’

Woman stabbed at least five times in Nelson during random attack

Victim is in hospital, suspect is in police custody

Horvat paces Canucks to 6-1 pre-season win over Oilers

Vancouver improves to 3-1 in NHL exhibition action

Legislature gifts, clothing, travel need better control, B.C. auditor says

Audit follows suspensions of managers by Speaker Darryl Plecas

‘Really disturbing:’ Trudeau’s racist photos worry B.C. First Nation chief

Wet’suwet’en Chief concerned the photos will sow fear in Indigenous communities

Most Read