VICTORIA — The Government of British Columbia has allocated $20 million to establish a new HousingHub that will bring local governments, Indigenous partners, the non-profit sector and developers together through innovative partnerships to create affordable housing options.
“Building affordable homes for middle-income people is key to tackling the housing crisis,” said B.C. Premier John Horgan in a release. “That’s why we have created the HousingHub – to bring people and organizations together to build homes people need, quickly.”
The hub’s focus will be on developing homes for people with average incomes between $50,000 and $100,000.
The B.C. government also recently announced funding for 14,000 new rental homes throughout the province.
Through the Building BC Community Housing Fund, the government will invest close to $1.9 billion over 10 years to deliver housing for B.C. renters, which will be built through partnerships with municipalities, non-profits and co-ops.
A representative from the Ministry of Municipal Affairs and Housing explained both funding initiatives seek to increase the housing stock and to improve housing availability in the province.
“The new jobs emerging from our investment are already being seen through our Building BC Rapid Response to Homelessness program,” said Selina Robinson, minister of municipal affairs and housing, in a release.
“With 2,000 units of modular housing in development in communities throughout British Columbia, this program alone is adding jobs through the use of B.C. manufacturers and the employment of skilled workers in the province.”
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