B.C. touts speed of major housing program to mark one-year anniversary
- British Columbia increased subsidies for two programs on April 1, 2025, aiding renters.
- High living costs and tariff uncertainties prompted the province to act, officials stated.
- The Rental Assistance Program and Shelter Aid for Elderly Renters saw income eligibility limits rise.
- The Rental Assistance Program supplement rose to $700, and SAFER provided $337 monthly, on average.
- While helpful, the subsidy increase is not tied to rent increases or inflation, noted Dan Levitt.
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Province touts speed of ‘BC Builds’ housing program after one year
British Columbia's government celebrated the first anniversary of one of its cornerstone housing programs at the groundbreaking of a 179-unit rental building in North Vancouver, which it says went from concept to construction in 14 months.
·Toronto, Canada
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