In an interview with STOREYS, Maslechko discusses some of the finer details of how the Rental Protection Fund will work, ways it could eventually evolve, and more.

B.C.’s Rental Protection Fund (the Fund) officially launched today, enabling non-profit organizations to begin the application process for funding under this important, first-of-its-kind funding mechanism in the province.

The Rental Protection Fund Board of Directors recently announced Katie Maslechko as their new Chief Executive Officer. The appointment is effective April 26, 2023. The announcement marks an important milestone in the rollout of this innovative, sector-led solution to the housing affordability crisis.

The provincial government announced today that a new $500-million fund will be managed by B.C.’s community housing organizations to help deliver safe, affordable, and culturally supportive housing for individuals and families across B.C. This investment will lay the groundwork for better long-term livability, equity, and affordability in B.C.

More renters in B.C. will be protected from housing speculators and profiteers through the creation of a new $500-million Rental Protection Fund dedicated to protecting tenants and preserving affordable rental homes for decades.