Feds Pump More Dollars into Affordable Housing
Prince George, B.C.- Ottawa is investing an additional $150 million over the next two years to help British Columbians in need access affordable housing.
The funding is in addition to the $63 million joint annual funding provided by the governments of Canada and British Columbia under the Investment in Affordable Housing agreement.
The new federal government funding includes:
$25.2 million to support the construction, repair and adaptation of affordable housing for seniors;
$10.9 million to support the construction and renovation of shelters and transition houses for victims of family violence; and
$50.9 million to help address the increasing demand for repairs as social housing units age and to improve efficiency and reduce energy and water use.