The Building BC: Indigenous Housing Fund is an investment of $550 million over the next 10 years to build and operate 1,750 new units of social housing both on- and off-reserve.
Program Overview
The Province, through the Building BC: Indigenous Housing Fund, is investing $550 million over 10 years to support the building and operation of 1,750 new units of social housing for projects on and off-reserve. Together, with our non-profit housing providers, the Aboriginal Housing Management Association, Indigenous housing societies and First Nations, we’re working hard to make housing better in all communities. In addition, Indigenous organizations and First Nations can access provincial support under all the new housing funds announced as part of Building BC.
The program is aimed at Indigenous families, seniors, individuals, and persons with a disability.
Prospective partners include Indigenous non-profit housing providers, First Nations, Métis Nation British Columbia, and non-profit and for-profit developers who wish to partner with Indigenous housing providers and First Nations.
Note for Housing Providers: In addition to applying for funding under the Indigenous Housing Fund, Indigenous organizations and First Nations will be able to access provincial support under the Building BC: Community Housing Fund.
Rent
Units developed under the Indigenous Housing Fund (IHF) are 100% Rent-Geared-to-Income (RGI), however, fixed rents may be considered for projects On-Reserve. If fixed rents are implemented, they must ensure an equitable approach across projects, ensure efficient use of limited subsidy funds, and support long-term sustainability of the housing stock. These figures use 40% of HILs, as determined by BC Housing from time to time.
Optional 2023 IHF fixed Rents (On-Reserve)
| Planning Area | 1 bdrm or less |
2 bdrm | 3 bdrm | 4+ bdrm |
|---|---|---|---|---|
| Lower Mainland Planning Area | $770 | $895 | $980 | $1,060 |
| Southern BC Planning Area | $650 | $780 | $875 | $955 |
| Vancouver Island Planning Area | $620 | $745 | $835 | $910 |
| Northern BC Planning Area | $680 | $815 | $920 | $995 |
Indigenous Housing Fund projects
To view Indigenous Housing Fund projects across BC, go to Homes for BC
For Indigenous Housing Fund Program funding opportunities visit Building BC Programs – Request for Proposals (RFP) & Submission Process