HomeMortgageCanada and B.C. support 85 new rental homes in Surrey

Canada and B.C. support 85 new rental homes in Surrey

From Canada Mortgage and Housing Corporation (CMHC): https://www.cmhc-schl.gc.ca/en/media-newsroom/news-releases/2022/canada-supports-affordable-housing-surrey

Individuals, families and people living with disabilities in Surrey will soon have access to 85 new rental homes, with construction underway on the redevelopment of Kingston Gardens.

Today, the Honourable Ahmed Hussen, Minister of Housing and Diversity and Inclusion, Ken Hardie, Member of Parliament for Fleetwood–Port Kells, Jagrup Brar, Member of the Legislative Assembly for Surrey–Fleetwood, and Sav Dhaliwal, Chair of the Metro Vancouver Board of Directors, announced close to $50 million in investments towards this project.

The Government of Canada is contributing $29.4 million through the National Housing Co-Investment Fund (NHCF), while the province, through BC Housing, is providing $8.3 million for the project. Metro…

Read more at news.gov.bc.ca

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