Tuesday, April 23, 2024

B.C. government launches $1.2-billion fund for supportive housing

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The provincial government announced on Thursday the launch of a new fund for supportive housing: the Building BC: Supportive Housing Fund.

The fund will provide $1.2 billion over 10 years for the construction and operation of 2,500 units of housing for people who are experiencing or at risk of homelessness.

The government is also working to identify non-profit housing providers that are interested in providing management and support services.

Those services include, but are not limited to: individual or group support services, resident needs assessments, meal programs, helping access income assistance and other benefits, and home maintenance support.

The Supportive Housing Fund is in addition to three other funds: the Community Housing Fund ($1.9 billion over 10 years), the Women’s Transition Housing Fund ($734 million over 10 years), and the Indigenous Housing Fund ($550 million over 10 years).

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Myles Sauer
Former staff editor and writer at Victoria Buzz.

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