B.C. is getting its first taste of the $2.3-billion the federal government pledged to affordable housing in budget 2016.
Federal Minister of Families, Children, and Social Development Jean-Yves Duclos joined Rich Coleman, BC’s minister responsible for housing in Vancouver today to announce $150-million dollars for B.C. over the next two years.
“We understand that when it comes to building an inclusive society where all Canadians have opportunities to succeed, housing matters.”
Duclos says the money will primarily go to three key areas.
“To repair aging social housing units, to improve their energy and water efficiency, to support the construction and repair and adaptation of affordable housing for seniors, and to support the construction and renovation of shelters and transition houses for victims of family violence.”
$25.2 million will go to building and repairing housing for seniors, $10.9 for shelters for the victims of family violence, and $50.9 to repairing and upgrading existing social housing.
The cash comes in addition to $63-million in joint annual funding from Victoria and Ottawa through the Investment in Affordable Housing agreement.
“[Our] most important partnership has always been with our senior government, the government of Canada,” says B.C. Housing Minister Rich Coleman, adding that the money is a welcome addition to the $355 million the BC Liberals put up back in February.
“So the 150 coming from the federal government pushes us well north of half a billion dollars in housing investments.”
Duclos will meet his provincial counterparts this week in Victoria for a Ministers’ Forum on Housing.