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.