Friday, April 16, 2021

Everyone deserves a safe and affordable place to call home, but the BC Liberals let the housing crisis spiral out of control, and the pandemic has only made things worse.

That’s why we’re investing $2 billion into the HousingHub program so that affordable housing developers can now have access to low-interest loans in exchange for passing savings on to middle-income families. The HousingHub program will create thousands of new homes and since the money will be paid back, it will be re-invested over and over again increasing our supple of the “missing middle” housing stock.

Our government is taking a comprehensive approach to tackling the housing crisis and this investment is just one way we are creating housing to meet the full spectrum of need in this province. Right now, more than 26,000 new homes are complete or underway in B.C. for people with a wide range of incomes.