Dozen housing providers say BC Housing owes them more than $20M

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Dozen housing providers say BC Housing owes them more than $20M
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Letter to deputy housing minister: 'Our organizations do not currently have the capacity to respond to this [homelessness] crisis.'

Twelve supportive housing providers operating across the Lower Mainland, Sunshine Coast and Vancouver Island say they are collectively owed more than $20 million from BC Housing and that some operators are at risk of insolvency.

“This will impact the thousands of workers who rely on us for their livelihoods,” the letter said. “It will also impact our services and tenants, as well as the public perception of the sector.” “The context in which we provide this work has reached levels of desperation not seen before in the histories of our organizations.”

“Further, we are supporting particularly vulnerable populations that are disproportionately represented in the at risk/homeless population including Indigenous people, people from other racialized communities, and members of the 2SLGBTQIA+ community, and we have much to learn about providing safe, dignifying supportive housing for these groups.”

“Yet these risks are too high to tolerate and if left unaddressed will increasingly impact all of us, including BC Housing. Ultimately, these risks undermine the foundation of the sector and have the potential to undermine the provincial homelessness strategy.”• Address immediate financial risk. “Our collective experience is that our current administration funding is far short of what we need for just the most basic transactional parts of our administration structure, leaving us with significant and ongoing gaps in finance, IT, human resources, facilities, and senior leadership. Without this, we cannot develop and maintain the capacity to meet the exponentially growing need in our communities.

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