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BC Builds expands housing with $2 billion boost
Prime Minister Justin Trudeau in Vancouver announced an extra 2 billion in federal financing to British Columbia for the BC Builds plan. The program aims to fast track middle income rental housing with at least 8 000 to 10 000 new homes, including units up to four bedrooms. BC adds 950 million to keep units below market rate, with 20 sites identified and construction starting at several projects including a 112 unit co op in Yaletown. Renters will be income tested and capped at 30 percent of income.
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Vancouver
B.C
British Columbia
Justin Trudeau
Ottawa
Trudeau
David Eby
Ken Sim
University of B.C
Eby
Yaletown
BC Builds