Nearly 1,500 affordable homes protected through Rental Protection Fund
The Rental Protection Fund has helped protect 75 more affordable rental homes for people in Squamish and North Vancouver.
The properties, acquired by non-profit organizations with contributions from the fund, are part of nearly 1,500 homes protected through the fund since its launch in 2023, with thousands more under consideration. Based on its impact so far, the fund is on track to exceed its target of 2,000 homes well ahead of schedule.
“Everyone deserves a place to call home in a community they love,” said Premier David Eby. “No one should have to live in fear of losing that housing – afraid that their homes are going to be sold out from under them to speculators or large corporate real estate companies. We’re helping community partners purchase existing rental buildings like these buildings in North Vancouver and Squamish – to protect renters and preserve more affordable units.”
Learn more: news.gov.bc.ca/releases/2024HOUS0036-001355
Nearly 1,500 affordable homes protected through Rental Protection Fund
The Rental Protection Fund has helped protect 75 more affordable rental homes for people in Squamish and North Vancouver.
The properties, acquired by non-profit organizations with contributions from the fund, are part of nearly 1,500 homes protected through the fund since its launch in 2023, with thousands more under consideration. Based on its impact so far, the fund is on track to exceed its target of 2,000 homes well ahead of schedule.
“Everyone deserves a place to call home in a community they love,” said Premier David Eby. “No one should have to live in fear of losing that housing – afraid that their homes are going to be sold out from under them to speculators or large corporate real estate companies. We’re helping community partners purchase existing rental buildings like these buildings in North Vancouver and Squamish – to protect renters and preserve more affordable units.”
Learn more: news.gov.bc.ca/releases/2024HOUS0036-001355