Subsidized Housing
Subsidized housing
encompasses all types of housing whereby the provincial government
provides some type of subsidy or rent assistance, including public,
non-profit and co-operative housing, as well as rent
supplements for people living in private market housing.
Types of
subsidized housing.
Financial support for
subsidized housing is generally administered based on
“rent-geared-to-income”.
Rent-geared-to-income is for low-to-moderate income
households. Tenants pay rent based on the gross income
of the household rather than paying the market rate. Affordable
rent is defined as costing no more than 30% of a
household’s total gross monthly income, subject to a
minimum rent that tenants will be asked to pay based on the number
of persons living in the home. Rent-geared-to-income units include
all public housing stock and many developments managed by
non-profit and co-operative housing providers.
Subsidized housing
developments are for people with low to moderate incomes, including
seniors, people with disabilities, individuals at risk of
homelessness, women (with or without children) at risk of violence,
Aboriginal people and low-income families.
Recent News
New BC Housing board appointed
27-APR-2012
VICTORIA – The Minister of Energy and Mines and Responsible for Housing, Rich Coleman, today appointed five ...
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RICHMOND– Five non-profit housing societies have been selected to develop new affordable housing in ...
New affordable housing initiative for Columbia Basin
21-MAR-2012
COLUMBIA BASIN – As a result of federal and provincial investments, a new program, the Affordable Rental ...
Our Stories
Building capacity: Phase 2 of Skills Plus launches
"We appreciate BC Housing’s commitment to staff training in the non-profit sector.”
BC Housing recognized by Covenant House as top donor
“The organization has made a significant contribution from the very beginning.”
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"Cerise took her job placement seriously & really wanted to be successful."
In the News
Judy Rogers, Bob Rennie join B.C. social housing board
Judy Rogers, former Vancouver city manager, and Bob Rennie, B.C.'s premier condo marketer, are among five people named ...
New affordable housing initiative for Columbia Basin
COLUMBIA BASIN - As a result of federal and provincial investments, a new program, the Affordable Rental Housing ...