National

Rental protection for BC residents

Darpan News Desk The Canadian Press, 28 Jun, 2023 01:44 PM

The British Columbia government says its 500-million-dollar rental-protection fund will help renters stay in their homes and keep their rents affordable.

The province has opened access to the fund that will help non-profit groups purchase rental buildings.

It was great to meet the Federal Minister of Housing @HonAhmedHussen and Ministers responsible for housing from across the country. We must build more affordable housing faster to address the challenges we are facing in BC and across Canada. pic.twitter.com/zBUxE28eGy
— Ravi Kahlon (@KahlonRav) June 28, 2023

It says more than 97-thousand units where the rent was below one-thousand-dollars a month were lost between 2016 and 2021.

The units were converted to condominiums, demolished or the price of rent went up.

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