Subsidy calculation may differ for various program types. Refer to chapter seven of the Financial Management Guide for the formula that applies to your development.

For developments with budgets approved by BC Housing, the subsidy is the difference between the economic rent and the tenant rent contribution or occupancy charge for rent-geared-to-income units. For non-RGI units, the repayable assistance is the difference between the economic rents and the non-RGI rent or occupancy charge.

BC Housing estimates subsidy at the beginning of the budget year, based on the tenant rents approved on that date.

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