Nearly 870 New Homes Coming To Vancouver Island

Nearly 870 new affordable homes are on the way for renters on Vancouver Island through partnerships between the Province and local non-profit housing providers.

“These new homes are just the latest step we’re taking to deliver the urgently needed housing that people deserve,” said Ravi Kahlon, Minister of Housing.

“We’re doing the work to ensure that there are affordable new homes for a wide range of people, from seniors on fixed incomes to growing families.”

Eight new projects on Vancouver Island have been selected through the third intake of the Building BC: Community Housing Fund (CHF).

The proposed projects will provide 867 affordable rental homes for individuals, families, seniors, people living with disabilities and Indigenous people on Vancouver Island.

That includes 40 homes for families and seniors in Port Alberni, and 62 homes for seniors in Nanaimo.

Including the Vancouver Island projects, the Province, through BC Housing, has identified more than 40 new housing projects to move forward, totaling approximately 3,500 affordable rental homes throughout B.C.

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, including more than 8,400 homes on Vancouver Island.

For more information, visit Government of British Columbia.