US EditionB.C. Rental Protection Fund Surpasses Goal, Preserves 2,200 Homes, Government Says
The fund secured nearly 2,200 homes for renters, with $150 million left and the potential to quadruple with federal support, stabilizing housing across 24 B.C. communities.
- On Monday, the Rental Protection Fund announced it has surpassed its target by securing nearly 2,200 homes across British Columbia, CEO Katie Maslechko said.
- The Government of British Columbia created the Rental Protection Fund in 2023 with a $500-million provincial investment to help non-profit housing providers buy at-risk rental buildings.
- Recent acquisitions included 40 homes in Grandview‑Woodland for $6.8 million plus about $800,000 in renewal grants and three White Rock properties with 37 homes for $6.2 million and $700,000 in grants.
- Tenants at acquired buildings now face no eviction threat or sudden rent hikes, with many showing long-term tenancies and no turnover in three years, Housing Minister Christine Boyle said.
- $150 million remains in the provincial fund and can be nearly quadrupled with federal support, while the federal Liberal government rental program proposes $1 billion in loans and $470 million in contributions.
11 Articles
11 Articles
St Catharines Standard
Rental Protection Fund surpasses 2,000 homes protected across B.C.
VANCOUVER, British Columbia, Feb. 02, 2026 (GLOBE NEWSWIRE) -- Today, the Rental Protection Fund (the Fund) marks a major milestone, with nearly 2,200 affordable rental homes now protected across British Columbia — exceeding its original target in less than three…
B.C.’s Rental Protection Fund helps Secure More Affordable Rental Homes - The Canadian Media
Vancouver/CMEDIA: Having reportedly surpassing its original goal of protecting 2,000 rental homes in less than three years, British Columbia (B.C.) ‘s $500-million investment continues to help nonprofit purchase of more affordable rental homes in B.C. Besides providing thousands of people in B.C. with greater stability, the Rental Protection Fund has helped renters stay in their communities with affordable rents. “When we established the Ren…
Coverage Details
Bias Distribution
- 88% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
