The Rental Protection Fund Highlights Its Immediate Demand in First Official Report
Retrieved on:
Tuesday, October 31, 2023
VANCOUVER, British Columbia, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Today, the Rental Protection Fund (the “Fund”) unveiled its inaugural Impact Report to the Province.
Key Points:
- VANCOUVER, British Columbia, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Today, the Rental Protection Fund (the “Fund”) unveiled its inaugural Impact Report to the Province.
- This report highlights the immediate demand for the community-led preservation of existing, at-risk rental housing across British Columbia and summarizes the considerable progress made toward this goal to date.
- Since opening applications in July 2023, the Rental Protection Fund has received more than 70 applications from the community housing sector, spotlighting the overwhelming demand for the Fund’s services.
- The Rental Protection Fund has a mandate to deploy the $500 million to secure 2,000+ units over three years.