Canada’s most progressive housing strategy continued to mark significant achievements in 2012, providing more than 97,000 British Columbian households with access to safe, affordable or supportive housing.
Since launching Housing Matters BC in 2006, the B.C. government has invested $2.5 billion to provide affordable housing for low-income individuals, seniors and families. This investment helped create more than 21,000 new units of affordable housing, renovate and upgrade existing housing stock and expand our services to reach more people in need, increasing the number of households we serve by 20 per cent.
This year alone, the B.C. government is providing approximately $404 million to provide a diverse range of social housing programs and services that assist families, seniors, people who are Aboriginal and those who are homeless or at risk of homelessness throughout the Province.