B.C. looks to set up housing development program for middle-income residents

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B.C. looks to set up housing development program for middle-income residents
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The provincial plan to start building housing for middle-income earners is the latest in a series of announcements about new programs and legislation

aimed at trying to deal with problems at every level of the housing system and to create massive amounts of new housing.

Faced with the kinds of stories that emerged at the municipal convention last week, along with the knowledge that B.C. has seen an unprecedented surge in population the last two years, PremierAt the beginning of the week, Mr. Eby announced ato provide about 3,000 homeowners with forgivable loans of up to $40,000 apiece to build basement suites or laneway homes.

In the spring, Mr. Eby also announced a new half-billion-dollar fund to help non-profit housing groups buy private apartment buildings that come onto the market.

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