BC government announces funding for new affordable housing projects in Metro Vancouver with 2,000 units. Includes 4 Vancouver projects, such as 194 units at the north end of Granville Bridge & 370 units next to Kingsgate Mall.

“Everyone deserves a decent home they can actually afford,” said Premier David Eby. “That’s why we’re taking unprecedented actions to rapidly build more affordable housing throughout the province, including through the Community Housing Fund. This latest round of funding will bring much-needed homes to every region of our province – from our fastest-growing cities to rural and remote areas – helping everyone find a decent home in the community they love.”

A total of 17 new projects in Metro Vancouver have been selected through the third intake of the Building BC: Community Housing Fund (CHF). The proposed projects will provide a total of 1,954 affordable rental homes for individuals, families, seniors, people living with disabilities and Indigenous people in B.C.

“Through our Homes for People action plan, we are taking action to deliver affordable housing faster, and the Community Housing Fund is a key part of the plan,” said Ravi Kahlon, Minister of Housing. “These new homes mean that more people in B.C. will benefit from affordable homes in the communities they love, where they can grow their families and age in place.”

The announcement took place at 7567-140 St. in Surrey, the future site of an affordable housing project.

“People in the region, including Surrey, who are struggling to find homes that meet their needs will have more affordable housing options with these new homes on the way.” Said Rachna Singh MLA for Surrey-Green Timber, “This is made possible by our partnerships with local non-profit organizations as we collectively address the housing affordability crisis we are facing. I look forward to seeing the positive impacts these homes will bring to the people and the community in the years to come.”
The Community Housing Fund is part of a $19-billion housing investment by the B.C. government. Since 2017, the Province has nearly 78,000 homes that have been delivered or are underway.