More details now on the Clark government’s plan to commit $500 million dollars to make sure more BC families have access to affordable housing.
Speaking in Burnaby, the Premier says a total of 2,900 rental units will be created in partnership with non-profit groups, local governments, community agencies and the private sector.
This is on top of money announced back in February earmarked for 2,000 units of new affordable housing.
The government says it’s the largest single housing investment in a single year by any province in Canada.
The money will fund a mix of housing for low-to moderate-income earners, seniors, students, adults with developmental disabilities, aboriginals and single parents.
Premier addresses foreign home loopholes
Clark also says she’s looking into tightening loopholes regarding foreign home buyers.
When asked if her government will start including tax residency status for people buying a home, Clark says her government just might.
She says that whatever can be shared legally, will be, if the CRA asks for it.
“….We will do everything that we can to provide them with the information they need to make sure they are doing the job that we depend on them to do.”
Premier Christy Clark promising another half billion for affordable housing, total this year is 855m she says pic.twitter.com/nVp7STGq53— Jeremy Lye (@JJLye980) September 19, 2016
Clark promising to "look into" closing loopholes re. residency and real estate. pic.twitter.com/d360QiAFtL— Jeremy Lye (@JJLye980) September 19, 2016