101.7 FM
88.1HD2
8.85 c101.7 FM
88.1HD2
BC announces $2.9B middle income housing programme
BY The Canadian Press, Feb 13, 2024 8:41 PM - REPORT AN ERROR
Premier David Eby says they are aiming for a concept-to-construction timeline of 12 to 18 months to build the housing, compared with the current three to five year average to complete rental projects.
BC is launching a public housing program that aims to fast-track rental property developments on under-utilized lands throughout the province.
The province says the 2.95 billion dollar BC Builds program will provide low-cost financing to build affordable rental units for middle-income earners on government, community and non-profit owned lands.
It says it has already identified 20 sites with the potential to build up to four thousand rental units.
Premier David Eby says they are aiming for a concept-to-construction timeline of 12 to 18 months to build the housing, compared with the current three to five year average to complete rental projects.
Share on
Related News
Sign up for the newsletter
We'll deliver best of entertainment right into your inboxWe love to hear from our listeners, so feel free to send us message
Message us on whatsapp
